Futurist and Google Director of Engineering Ray Kurzweil’s theory about the exponential growth of technology contains an insight that should be of enduring interest to early adopters seeking an edge.

Kurzweil explains that the exponential progress of most areas of technology happens because a long period of development of basic functions is followed by rapid growth in which higher level functions are built on top, leading to even higher level functions being built on top of those. […]