law of accelerating returns

E577762

The law of accelerating returns is Ray Kurzweil’s theory that technological progress, especially in information technologies, grows at an exponential and compounding rate, leading to increasingly rapid and transformative change.

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Statements (50)

Predicate Object
instanceOf concept in technological singularity studies
concept in transhumanism
futurist theory
theory of technological change
appliesTo artificial intelligence capabilities
biotechnology
communication technologies
computing power
information technology
nanotechnology
contrastedWith linear models of technological progress
coreIdea each new technological generation builds on the previous at a faster pace
information-based technologies double in capability on predictable timescales
multiple overlapping technological paradigms sustain long-term exponential growth
rate of technological progress itself increases over time
technological progress is often underestimated because it is exponential rather than linear
criticizedFor insufficient attention to physical and social constraints
optimistic bias about technology
reliance on selective historical data
describes accelerating rate of innovation
compounding technological change
exponential technological progress
nonlinear growth of information technologies
field artificial intelligence
computing
futurology
innovation studies
technology studies
influencedBy Moore's law NERFINISHED
observed exponential trends in computing
influences discourse on AI timelines
public debates about the future of work
speculative scenarios about post-human futures
predicts eventual emergence of superhuman artificial intelligence
future convergence of technologies such as AI, nano, and bio
increasingly rapid and transformative technological change
radical impacts on society and the economy
shortening intervals between major technological breakthroughs
proposedBy Ray Kurzweil NERFINISHED
relatedTo Kurzweil's singularity hypothesis NERFINISHED
Moore's law NERFINISHED
exponential growth
paradigm shifts
technological singularity NERFINISHED
transhumanism NERFINISHED
timeScale long-term historical analysis of technology
usedIn Kurzweil's book "The Age of Spiritual Machines" NERFINISHED
Kurzweil's book "The Singularity Is Near" NERFINISHED
arguments for the technological singularity
long-term forecasts of AI progress

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

The Age of Spiritual Machines basedOnTheory law of accelerating returns
The Singularity Is Near notableIdea law of accelerating returns