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The Law of Accelerating Returns
The Law of Accelerating Returns by Ray Kurzweil An analysis of the history of technology shows that technological change is exponential, contrary to the common-sense intuitive linear view. So we won't experience 100 years of progress in the 21st century -- it will be more like 20, 000 years of progress (at today's rate). The returns, such as chip speed and cost-effectiveness, also increase ...




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