Bumps on the road to the Economic Singularity
A THREE-PART BLOGPOST PART ONE of THREE Two Singularities The term “singularity” was first applied to the impact of technology on human affairs back in the 1950s by John von Neuman, one of the founding fathers of computing. He took it from maths and physics, where it means a point at which a variable becomes infinite. The centre of a black hole is a singularity because matter becomes infinitely dense. When you reach a singularity, the normal rules break down, and the future becomes even harder to predict than usual. Since you are reading this blog, you are probably familiar...