Indeed. Other BS things called as "singularity".
1) What is at the center of a black hole? Answer: Singularity. Real Answer: No freaking clue
The singularity of a black hole simply means we can't see that far. It is the point from which information cannot escape. It's not some psuedomystic hand-waving nonsense promising unicorns and fulfilled dreams. It's just the name for a region for which there is no way to discover what is inside of it.
The singularity in the context of technological progress uses the black hole as a metaphor. It describes a point at which technology becomes self-propelling in a manner that makes it impossible for us to project what life would be like then, in a similar way to how miniaturisation and Moore's law have given us a present that couldn't have been projected in the 1940s. People then like to project what it could look like as an interesting exercise, and some of them choose to promise unicorns, but that doesn't make the concept of self-propelling technological advance itself inherently wrong.