James Miller – Economics & The Technological Singularity

James D. Miller, Associate Professor of Economics at Smith College and author of Singularity Rising: Surviving and Thriving in a Smarter, Richer, and More Dangerous World, discusses the economics of the singularity, or the point of time in which we’ll either have computers that are smarter than people or we will have significantly increased human intelligence.

According to Miller, brains are essentially organic computers, and, thus, applying Moore’s law suggests that we are moving towards singularity. Since economic output is a product of the human brain, increased brainpower or the existence of computers smarter than humans could produce outputs we cannot even imagine.
Source: