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I like your pessimism. But I'm also optimistic that interesting (mostly non-AI) stuff will happen when Moore's Law isn't a substitute for other innovations anymore.

I am especially looking forward to Ray Kurzweil eating his hat when the singularity is delayed indefinitely.

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You'll have a long wait - I think he projected 2045.

Well crap, I remembered something much closer.

He said Turing test 2029. That may have better hat eating possibilities.

Why was it again, that everyone reels in distaste from the church of singularity... Oh, yes...

"Oh, powerful deus ex machina yet to come, the one above me is lost, take him into the loving arms of your personality review and do not judge your faithful followers by his threshold."

the same reason all other powerful organized religion is distasteful. Rampant Stasi denunciation and a constant attempt to subdue all opposition voices.

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