It looks like the common consensus is that singularity is just a matter of time. I wonder how similar is this situation with the one from over hundred years ago when apparently almost all scientists strongly believed that there was nothing to discover anymore. Can be similarly wrong this time?

The vision that emerges from all the news is that AI is bascially that last human invention. That it will help us with every possible thing. Or could do some wrong. We can't predict that. But almost everybody agrees that it's going to disrupt everything in some way. I wonder if that's really the case. If it's just a matter of stacking more and more chips to make it better and better for which there are really no obstacles then I guess that is correct but is it really that simple?