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The pace of technological change is so rapid, exacting deep impact as it transforms human life. Our lives are taking new meanings - from new business models to new ways of working.
This is what Ray Kurzweil in his 2005 book, The Singularity is Near, calls the law of accelerating returns. It is about the speed of the rate of technological and biological evolution.
He argues:
“Within several decades information-based technologies will encompass all human knowledge and proficiency, ultimately including the pattern-recognition powers, problem-solving skills and emotional and moral intelligence of the human brain itself.”
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