The engineer, inventor, thinker and futurist Ray Kurzweil (Ray Kurzweil bio; Ray Kurzweil wiki ) explains the exponential growth of information technology under the concept of singularity. (Introduced to me by @avinashkaushik & @Eliasgeha)
The way he highlights the trend is interesting: Change not only accelerates, but follows an exponential curve/growth. And technology’s accelerating power transforms us. Here is an excerpt:
The explosive nature of exponential growth means it may only take a quarter of a millennium to go from sending messages on horseback to saturating the matter and energy in our solar system with sublimely intelligent processes. The ongoing expansion of our future superintelligence will then require moving out into the rest of the universe, where we may engineer new universes.
View the Singularity of Ray Kurzweil video.
View a TED conference talk on How Technology’s Accelerating power will transform us.