Law of Accelerating Returns

Coined by Ray Kurzweil in 1999, the Law of Accelerating Returns postulates that technological advancements in the 21st century will surpass those of the previous century by a factor of 20,000. This theory highlights the exponential pace of technological innovation, revolutionizing human progress. The Law of Accelerating Returns has reshaped perceptions of Moore’s Law, which originally described the doubling of transistors in an integrated circuit, by emphasizing the rapid acceleration of technical advancements.