Ray Kurzweil - The Future of Technology - YouTube
Ray Kurzweil: Solar Will Power the World in 16 Years | Big Think
Ray Kurzweil: Solar Will Dominate Energy Within 12 Years | Fortune.com
Ray Kurzweil: Here’s why solar will dominate energy within 12 years | KurzweilAI
"Many analysts extend growth linearly from that sort of pattern, concluding we’ll see 0.5% annual growth in solar in the future, reaching 12% solar share in 20 years. But linear analysis ignores what Kurzweil calls the law of accelerating returns — that as new technologies get smaller and cheaper, their growth becomes exponential.
So instead of looking at year over year growth in percentage terms, Kurzweil says we should look at the rate of growth — the fact that solar market share is doubling every 2 years. If the current 2% share doubles every two years, solar should have a 100% share of the market in 12 years."