ClaimsRay Kurzweil

“The number of such deals has increased one hundred fold and the number of dollars invested has increased by more than one thousand fold in the past 25 years.”

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

Factual Economics and markets

Over the 25 years to about 2000, the number of high-tech IPO deals rose one hundred fold and dollars invested rose more than one thousand fold.

Not researched Checkable, but outside the sample that was researched.

Factual: Statements about the present or the past, checked against the record: did they hold up?

Cite this claim

Ray Kurzweil, “Over the 25 years to about 2000, the number of high-tech IPO deals rose one hundred fold and dollars invested rose more than one thousand fold.” (said 2001). Verdict: not researched. Reliability API, claim c_af2e2cb35312, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_af2e2cb35312

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

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More factual claims by Ray Kurzweil

  1. Mixed Factual March 2025
    “more and more people from more and more backgrounds are participating, which didn’t used to.”

    More and more people from more backgrounds, including third world countries in Africa and South America, now participate in technological advances than previously.

  2. Mostly true Factual 9 July 2024
    “These new forms of solar and wind don’t use any of that.”

    New forms of solar and wind do not use oil and coal or add carbon dioxide.

  3. Resolved true Factual 9 July 2024
    “We actually have 10,000 times more sunlight that falls on the Earth than we need to meet all of our energy needs.”

    10,000 times more sunlight falls on Earth than needed to meet all energy needs.

  4. Mostly true Factual 29 March 2024
    “we make 10 times as much in constant dollars as we did 100 years ago.”

    People today earn about 10 times as much in constant dollars as 100 years ago.

  5. Resolved false Factual January 2001
    “These projections actually assume a fixed rate of growth of 3.5% per year for the next fifty years!”

    The projections being discussed assume a fixed rate of growth of 3.5% per year for the next fifty years.

All of them

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