If all exponentials become sigmoids, then there will not be a singularity.
Eventually progress in AI will reach some physical limits and stop. But
when you are still in the exponential part of the curve, then the best
forecast you can do is Lindy's law. We had 75 years of exponential growth
by Moore's law, so there is a 50% chance it will continue for another 75
years.

On the other hand, memory prices have doubled in the last year. I think
that's temporary, but we are still at the physical limits of transistor
sizes, or very close. You can't make feature sizes smaller than atoms. We
already saw clock speeds stall at 2-3 GHz in 2010 after decades of
improvement.

Then again, we already have working examples of intelligence that use 10^5
times less power than transistors in our own skulls. And even that is a
million times the Landauer limit, the 10^-20 J energy cost of moving atoms
to process bits at room temperature.

The biosphere has 10^41 carbon atoms encoding 10^37 bits of DNA and a
replication time of 5 years, consuming 300 TW of solar energy out of 90,000
TW, available below the clouds or 160,000 TW above.

The winners of the AI race will be whoever controls the most atoms and
energy. This might be humans or might be uncontrolled nanotechnology. The
Earth's crust has 5 x 10^45 carbon atoms, mostly in rocks. Less than 1% of
this is enough for 10^15 human bodies consuming 10^17 W at 100 W each in a
Kardashev level 1 civilization. A level II would achieve a billion times
this by mining Jupiter for carbon and building a Dyson sphere. Level III
would seed the planets of 100 billion stars in the galaxy with self
replicating nanotechnology on von Neumann probes. We could seed billions of
galaxies (level IV) using antimatter powered rockets moving at near light
speed, even if it takes a billion years to get there.

But that's as close to a singularity as we can get. There are only 10^80
atoms in the observable universe and enough energy to encode 10^92 bits at
the kT ln 2 Landauer limit at the CMB temperature of 3 K.

What are your predictions?

-- Matt Mahoney, [email protected]

---------- Forwarded message ---------
From: Astral Codex Ten <[email protected]>
Date: Fri, May 15, 2026, 4:56 AM
Subject: The Sigmoids Won't Save You
To: <[email protected]>


...
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“All exponentials eventually become sigmoids” is an annoying AI talking
point. If someone presents a graph like this…
<https://substack.com/redirect/a78e237f-ca6e-4192-acda-d46498677996?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

….and points out that it seems like AI capabilities could soon reach the
level marked “High”, then the height of intelligent debate is to point out
that actually, the trend could go like this:
<https://substack.com/redirect/4e9c960c-488c-47d1-a65a-73e19eb056d9?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

…and then it would *never* reach the level marked “High”!

In slogan form, this is “all exponentials eventually become sigmoids” (a
sigmoid is the s-shape of the second graph, which starts exponential but
gradually flattens out). It’s technically true. No process can keep growing
forever; eventually it hits physical or practical limits. For example,
total cases during an epidemic is classically sigmoid:
<https://substack.com/redirect/44be4e0b-e225-4543-9644-6fe7d8c96129?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

They start slow - patient zero infects patient one, and so on. They grow
exponentially until most people are infected. Then, as almost everyone is
infected and they can only mop up the last few holdouts, they slow down
again. Finally, after everyone has been infected, the growth rate is zero.

Technological progress in a given field can also be sigmoid. Here’s
airspeed record over time:
<https://substack.com/redirect/aa553797-1e53-42ab-be36-dec1c849f769?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>
Source:
https://en.wikipedia.org/wiki/List_of_flight_airspeed_records

My understanding is that this represents 3-4 “generations” of different
technology (propellers, turbojets, etc). Each technology went through
normal iterative improvement, then, when it reached its fundamental limits,
got replaced by a better technology. The last technology, ramjets, reached
its limit at about 3500 km/h, and there wasn’t the economic/regulatory will
to develop anything better, so the record stands.

You can imagine something similar happening with AI at some point. Does
that mean people are right, and there’s no need to worry that the graph
will ever reach the line marked “high”?

Before we come up with a general answer, let’s look at the Sigmoid
Misidentification Hall Of Fame.

*Third place* goes to UN birthrate projections in countries with declining
birthrates. These countries’ birthrates keep going down at a constant rate,
and the UN keeps predicting they will flatten out and go down at some
lesser rate. On this graph, red is the real data, and each blue line is a
different UN attempt from a different year to “extrapolate” the “trend”.
[image: Image]
<https://substack.com/redirect/a468eca0-85f8-4add-9f60-73683cab2166?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

It’s true that birth rates must eventually flatten out and become sigmoid
(this may have happened last year in South Korea
<https://substack.com/redirect/dacabbc8-7a4e-4902-9095-de8928199e01?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>,
although Colombia and Chile are still declining), but this doesn’t
necessarily happen at the exact moment that forecasters in the UN start
feeling like the decline has gone too far.

*Second place* goes to predictions of solar power deployment, as chronicled
by
<https://substack.com/redirect/0415ed1e-0f2d-4f7f-a6bf-edaec5393155?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>
A.E. Hoekstra.
[image: Image]
<https://substack.com/redirect/4d671810-016d-4eda-8006-e7729f9b838a?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

The various WEO lines are World Energy Organization predictions for how
quickly solar power will get deployed. Every year, the WEO thinks “Wow,
lots of solar power got added last year, probably this year it will level
out and people might even back off a little”. Every year, the amount of
solar power deployed grows at the same rate.

*First place* goes to this paper
<https://substack.com/redirect/46b1c07f-ff0b-4183-a9d5-a1c697092694?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>
on the METR graph of AI capabilities. In early 2026, when the underlying
data looked like this:
<https://substack.com/redirect/b6449532-55fb-4fc5-9322-398e6909ce3b?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

…a team from Wharton tried to model different curves and predicted that the
likely future trajectory was this:
<https://substack.com/redirect/1c5aef2f-d3a5-4bb8-8f9a-cc87cd8ba623?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

@Tenobrus ably chronicles
<https://substack.com/redirect/dbc90d58-0283-41ef-9f44-46d55b67def7?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>
what happened next (the green curve is their original; the star marks the
next AI model to be released after their analysis):
[image: Image]
<https://substack.com/redirect/c4c8b3f6-6bc9-47d8-a767-81158688ce36?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>

The moral of the story is that, even though all exponentials eventually
become sigmoids, this doesn’t necessarily happen at the exact moment you’re
doing your analysis. Sometimes they stay exponential for much longer than
that!

How much longer?

The best way to predict this is to fully understand the process generating
the trend. For example, you can forecast an epidemic by knowing how quickly
it replicates, how likely it is to be cured, and how large the susceptible
population is. Even in harder cases like airspeed records, a smart engineer
could determine that ramjets max out around 3500 km/h, and a smart
economist could predict that no country was incentivized to spend enough
money to bring the next paradigm to fruition.

What if you don’t fully understand the process? AI forecasters know some
things (like how data centers work and how much it costs to build them).
But they’re unsure about other things (researchers keep inventing new
paradigms of data generation that get over data walls, but for how long?),
and other things are entirely opaque (What is intelligence really? Why do
scaling laws work? Might they just stop working at some point?) Is there
anything you can do here?

In conditions of true ignorance, the default assumption should be *Lindy’s
Law
<https://substack.com/redirect/0fb54a15-72ee-4061-876b-b1e008515afe?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>*:
on average, a process will continue about as long as it’s continued already.

To build intuition: suppose you walk past a geyser, and see a sign saying
“This geyser last erupted 100,000 years ago”. You know nothing else about
geysers. What’s the chance it will erupt in the next hour? It must be very
low, right? If it erupted in the next hour, you would have walked past it
99.99999% of the way through its eruption cycle - in other words, your
random sample had a higher value than 99.99999% of points. That’s not how
random samples usually work! On the other hand, suppose you walk past
another geyser, and see a sign saying “This geyser last erupted 10 minutes
ago”. What is the chance that *this* geyser will erupt in the next hour?
Pretty high, right? It seems like this geyser’s eruptions occur on a scale
of every few minutes. When you calculate it out, your median prediction for
the length of time until the next eruption should just be the number on the
sign. In the same way, your median prediction for how long it should take
before an entirely-mysterious trend changes shape should be the amount of
time since the last change.

Applying this to AI: the forecasters who try to get deep understanding of
the dynamics of AI progress think that we can keep scaling up AI at the
current rate for another few years (by building more data centers, etc),
and might or might not be able to scale it up faster after that by
leveraging recursive self-improvement. But suppose you don’t trust those
people. What should your default be?

AI has been improving dramatically since at least GPT-1 in 2017, although
most people sort of arbitrarily date “the scaling era” as 2019 to present.
So naively, ignoring everything we know and considering the whole field to
be a total mystery, we might expect the trend to continue for, on average,
another seven years. Assuming a Pareto distribution (what does this even
mean in the case of AI? I don’t know) the chance that it continues for less
than another two years is 22%.

It’s cheap and easy to make fun of people who extrapolate trends too far:
[image: Image]
<https://substack.com/redirect/dd4d64c4-8603-4e55-8f0a-1c315e47e899?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>
(source
<https://substack.com/redirect/7b72e522-88a5-4df3-937f-29852e6a1ba6?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>
)

But if someone claims that the trend toward increasing AI capabilities will
never reach some particular scary level, then the burden is on them to
explain either:

   -

   If they’re not treating AI as a black box, and claim to be modeling the
   dynamics explicitly, then what is their model? Have they calculated the
   obvious things, like projected data center growth and speed of algorithmic
   progress? Are they familiar with the modeling work that’s already been done
   in this field, like the AI Futures Timeline Model
   
<https://substack.com/redirect/fb44effd-a871-43ce-bd94-31efe2b075f8?j=eyJ1Ijoibjg3MGoifQ.He21_CkfOfKJxaU23rF_Os5N5_-qzSFgpejK31Q3t_8>?
   Do they have specific opinions on how the others went wrong, and where
   their model differs?
   -

   If they *are* treating AI as a black box, why isn’t their default
   expectation based on Lindy’s Law?

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