Image for Ray Kurzweil's Law of accelerating returns

Ray Kurzweil's Law of accelerating returns

Ray Kurzweil’s Law of Accelerating Returns suggests that technological progress, especially in fields like computing and AI, doesn’t happen at a steady, linear pace but accelerates exponentially over time. As innovations build upon previous advancements, the rate of development speeds up, leading to rapid breakthroughs. This means that the future will likely see breakthroughs in technology, intelligence, and capabilities emerging much faster than in the past, transforming society at an increasingly rapid clip. Essentially, technological change is not just getting bigger; it’s getting faster and more powerful at an exponential rate.