Technological Singularity is a hypothetical future moment when the development of artificial intelligence reaches a level where it can improve itself without human involvement.
After that, the process will accelerate exponentially: AI will become increasingly intelligent, creating ever more advanced versions of itself, and the human mind simply will not be able to understand or control these changes.
In simple terms, singularity is the point of no return, when technology starts developing faster than we can comprehend.
Some see it as a path to utopia (immortality, the end of diseases, abundance), while others see a risk of losing control over their own creation.
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