The Singularity Is Not Near, But Why?

The technological singularity is a hypothesized time in the near future where machine intelligence surpasses humans. Many people consider it a threat to humanity while others think it will augment humans to a much higher level, physiologically and psychologically. In this paper, I review the state of the art of computing and conclude that singularity will not happen in the near future because of the physical limits of silicon-based computing paradigm. Alternative paradigms are not promising enough to drive the observed exponential growth into the future. Even if artificial general intelligence is possible in the future, it is unnecessary to worry about the bad AI scenario. Instead, we need to worry about the stupidity of machines. AI-related research should be encouraged in order to find the real problems and their solutions. In order to regulate AI, we can treat them as legal persons like companies.[……]