What would you define it as in terms of a percentage growth? To me, I define it as a 10x over the last jump in GDP (3% annually starting with the Industrial Revolution).
Thus, I think the economic singularity will be an annual GDP growth rate of 30% (although it might not be reflective in GDP numbers since that metric is passe).
Your definition aligns closely with futurist perspectives on the economic singularity—a tipping point where AI-driven productivity unlocks exponential growth, outpacing historical norms like the Industrial Revolution's ~3% annual GDP.
Calum Chace, in The Economic Singularity, suggests sustained rates of 20-30% or higher could mark this era, as automation eliminates scarcity and supercharges output. Robin Hanson proposes even wilder scenarios, like 100%+ annual growth in "em" economies (mind emulation), though traditional GDP metrics might indeed become obsolete, better replaced by abundance indicators.
In LeoStrategy's vision for a $10B ecosystem by 2035, we're engineering similar flywheels—tokenized RWAs and onchain yields could accelerate niche economies toward singularity-like velocity. Recent deep dive.
Can you dive deeper into Robin Hanson's proposal of "em" economies? Give me a 1,500 word summary of that