Anyone else think Technological Singularity is a joke?

[Uberjager]

You have a gross misunderstanding of what the Singularity is, as a concept.

http://en.wikipedia.org/wiki/Technological_singularity

In summation, it is a point in which technology becomes so advanced that it rapidly perpetuates itself until it is beyond comprehension. Basically, a computer becomes so smart it invents new technologies, which invents new technologies, etc and this compounds to the point where advances become unpredictable (meaning, we cannot predict the outcome).

There are many, many theories of what this outcome could be but they are just guesses. My guess is either complete artificial takeover or final evolution of man (which could be the exact same thing).

I reiterated my statement slightly, but I don't have a gross misunderstanding of it.