Marvin Ammori

By definition, the Singularity means that machines would be smarter than us, and, in their wisdom, they can innovate new technologies. The innovations would come so quickly, and increasingly quickly, that the innovation would make Moore's Law seem as antiquated as Hammurabi's Code.

Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.