No, I think it’s real. H.G. Wells saw this in his novel, THINGS TO COME, but he mistakenly identified energy as the devalued commodity. His idea was actually based on the discovery of radioactivity, and he imagined small, cheap, durable energy sources driving trains, automobiles, and factories, and putting 80% of the economy out of business.
In electronic information technology, this has been a cyclic phenomenon, with the boom in the new level, PCs or whatever, taking over where the old level faded and died. But this has to end somewhere doesn’t it? We’re not going to have 10^100 megabytes at 10^100 Hertz on a pinhead. Are we?
So maybe this is it.
AI and robotics is still in its infancy. When that wave hits, it will change everything as we know it.
Sorry, that should be, THE WORLD SET FREE
What the future holds: US futurist Peter Diamandis on the shape of things to come (”Abundance”)
http://www.freerepublic.com/focus/f-news/3123840/posts
Crossbar’s RRAM to boast terabytes of storage, faster write speeds than NAND
http://www.freerepublic.com/focus/f-chat/3052146/posts
Upstart’s ‘FLASH KILLER’ chips pack a terabyte per tiny layer
http://www.freerepublic.com/focus/f-chat/3051777/posts
Not necessarily. While computing power will, at some point top out in all practical terms, the applications that can use that computing power is still theoretically unlimited. Until we get homes equipped with computers like the IBM Big Blue, we can’t even say that we’re even close to hitting the limit of computing power.
Much of the reason for the slow down in technological advancement can be chalked up to the simple fact that there are no applications that need much more computing power than what currently exists. However, that could rapidly change if high level artificial intelligence or a home holodeck system were to ever become a reality