The Ultimate Portable Computer
Based on the exponential growth of information technology - or more specifically, computing - it can be estimated that by the year 2080, a $1000 2.2 pound laptop will be able to compute 10E+42 calculations per second. This would have the capability to perform the equivalent of all human thought over the last ten thousand years in ten microseconds. It would function at the equivalent brain power of ten million billion human civilizations (p.134,135 of The Singularity is Near).
So what does this mean to investors and traders? Don't waste $100,000 on a Chinese nanny!
Comments
I'd be interested to know what you think.
I've emailed Kurzweil and he can't talk about FatKat now, but he said he would let me know when we could have an interview about it.

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Parents with $100k to waste on a nanny would most likely have the capability to waste $100K on just about anything.
Meanwhile, I'm reading Kurzweil's book, too.