ClaimsRay Kurzweil

“However the ability of technology companies to rapidly create new–real–wealth is just one of the factors that will continue to fuel ongoing double exponential growth in the economy.”

Ray Kurzweil, essay author January 2001 The Law of Accelerating Returns (Kurzweil Library) archived copy

Prediction Economics and markets

Technology companies' rapid creation of real wealth will continue to fuel ongoing double exponential growth in the economy.

Unresolvable The public record could not settle it.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

Reasoning

Open-ended prediction with no horizon and vague terms like 'real wealth' and 'double exponential growth'.

Cite this claim

Ray Kurzweil, “Technology companies' rapid creation of real wealth will continue to fuel ongoing double exponential growth in the economy.” (said January 2001). Verdict: unresolvable. Reliability API, claim c_43a75b8807bb, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_43a75b8807bb

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Ray Kurzweil, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More prediction claims by Ray Kurzweil

  1. Mostly false Prediction January 2001
    “my prediction is that indeed these views will prevail, but only over time, as more and more evidence of the exponential nature of technology and its impact on the economy becomes apparent.”

    Exponential-outlook views of the economy will prevail gradually over the next several years, producing a strong continuing updraft for the stock market.

  2. Mostly false Prediction May 2020
    “This is where combining AI with biotechnology is headed, and within several years all vaccine and medication development could be done this way.”

    Within several years all vaccine and medication development could be done by combining AI with biotechnology.

  3. Mostly false Prediction 3 June 2015
    “We're going to gradually merge and enhance ourselves.”

    Kurzweil predicted that humans will gradually merge with technology and enhance themselves.

  4. Resolved true Prediction 12 December 2002
    “Ten or 15 years from now we’ll go to the third dimension.”

    Ten or 15 years after 2002, computing will move to three-dimensional circuits as integrated circuits run out of steam.

  5. Mostly false Prediction January 2001
    “Computers will be able to read on their own, understanding and modeling what they have read, by the second decade of the twenty-first century.”

    Computers will be able to read on their own, understanding and modeling what they read, by the second decade of the 21st century.

All of them

Verdicts are made automatically; how verdicts are made.