Re:You mean "if"... (Score 1)

I think the use of the term is accurate. Consider a graph of "AI vs. time." Once the singularity occurs, we will no longer be responsible for advancing the state of computing-- computers will advance themselve. Since they aren't bound by the constraints we are (sleep, usually one great idea per lifetime, etc) I would expect the slope of that "AI vs time" graph to have a discontinuity.

While Moore's law is related in that more computing power will allow us to do the things we already know how to do faster, I don't think it applies directly when it comes to AI. Better algorithms will make the big leaps forward for us, not necessarily more complex hardware.