Saturday, June 9, 2007
The Singularity Is Near
I have read Ray Kurzweil's book "The Singularity Is Near". Impressive work in which he makes clear that the technology evolution (genetics, nanotechnology, robotics) is exponential. Supercomputers will match human brain capability by the end of this decade and personal computing will achieve it by around 2020. A key observation in the book is that information processes - computation - will ultimately drive everything that is important. Ray Kurzweil sets the date for the Singularity - representing a profound and disruptive transformation in human capability - as 2045. With regard to online auctions - following Ray Kurzweil's analysis - I think we will see online auction mechanism developed as coordination mechanisms among - for example - nanobots in human bodies. Information systems researchers, genetic researchers, and nanotechnology researchers that work together will come up with disruptive innovations.