As a result new technologies are being invented, and informing other new technologies, at an ever-increasing rate. New and useful things are being created at a pace unprecedented in the history of civilization. No one said that the Internet would lead to Linux, but it did. And Linux has begun to grow faster that the last unheralded phenom, Microsoft. But our human capacities, highly evolved over millennia for the job of being hunter-gatherers, are increasing at a much slower pace.
Selection operates on the time scale of hundreds of thousands of years.
But the Net operates on milliseconds. Mathematician Vernor Vinge posited a similar theory in 1993, and dubbed it the Technological Singularity - a singularity being an event where old rules stop working and a whole new physics is required. Black holes, those astronomical oddities, are termed singularities by physics profs. Black holes have an event horizon, a place beyond which information, in the conventional sense seems to be lost. Similarly, the technological singularity imposes an ever-nearer event horizon in the future, past which mere humans have little hope of gauging events.