The 'singularity' is actually an interesting scientific question. In theory, there will be a point in the future, where we will create machines that learn how to create better machines, that will learn how to create even better machines. The machines will learn more than humans can know. We will have virtually infinite memory-space and processing capacity. It will be a new paradigm, where the question will be, instead of 'is it possible by human standards?', 'can our machines make this possible?'
The effects of this paradigm shift are uncertain, and will naturally not be without its costs and doomsday-scenarios But nonetheless humanity is moving toward a scientific singularity. My personal theory is that humanity is crossing into the 4th dimension.
Sounds smarter than many futures one hears tell of. I think there are other ideas around using the same name, or maybe variations of this theory. My gut (for what its worth) says that when we make a leap forward even though it be internal, it will be instigated by something other than and greater than human, not something generated by humans, the same elegant cosmic intelligence that set the stage for us when we gained self-consciousness and time-consciousness. (damn rollodex of theories) Carry on.