In excerpts today - accelerated the pace of change. I started my career in financial services in the late 1970s. In the first decade in the industry, there was only a small number of new products introduced, and a number of new computer products in support of our industry by the then dominant IBM was small alike. Today, there are new financial products introduced every day, and the explosion of uninterruptible offers new technology. In fact, when the graphs, the pace of change in a growing number of industries is moving forward at a tremendous rate - doubling every one to two years.
From the viewpoint of the esteemed Ray Kurzweil Inventor, the pace of technological change in our world is now accelerating so rapidly that there will be no discrimination between close human and machine or between physical reality and virtual - and finally to our technology will match and then exceed greatly refined and supple what we consider best of the attributes of Rights:
Pakistan for planning, coordinating and directing efforts to initiate and launch scientific and technological programmes and projects.
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"Consider this example: the owner of a lake wants to stay at home to care for fish in the lake, and make sure it will not be the lake itself becomes covered with pads lily, which is said to double every few days and month after month, he said. Waiting patiently, but can be distinguished spots only a small platforms tulips, and they do not seem to expand in any way pronounced. pads with lily covered less than one percent of the lake, the figures owner that it is safe to take a vacation and leave with his family, and when he returned after a few weeks, and he was shocked to discover that became the lake are all covered with pillows, and fish have died and. by doubling their number every few days, and another seven doubles were enough to expand the coverage of platforms "to the lake as a whole. (Extended seven-fold range of 128-fold.) And this is the nature of exponential growth.