I wasn't going to even mention the idea of a Singularity, but then the IEEE made a point of dedicating an issue of their magazine to the concept. For those who don't know, the term "Singularity" originates with sci-fi author Vernor Vinge, who has written some compelling novels. Proponents of the concept believe that we live in an era of exponentially accelerating technological change, and that at some point (the Singularity) there will be a complete break in the nature of our species and societies, ushering in what some call a transhumanist future. The technologies typically associated with this idea are (1) Drexlerian molecular nanotechnology, so that we can eliminate scarcity by building anything we want anytime we want via (self-reproducing) nanomachines; (2) immortality via nanotechnological or biochemical control over biological processes that lead to senescence; and (3) strong AI, often including the concept of people uploading their minds to constructed hardware. The thing that continues to surprise me about this idea is that so many people seem to take it so seriously.
Hey, I'm all for optimism, and I'm generally bullish on the future of the species despite current scariness and some scientific arguments, but asserting that we will have a transhumanist utopia in twenty or thirty years is a wee bit of a reach, to put it mildly.