Chip design can and is already automated. Algorithm generation is also already automated.
You're citing automation of existing technology, not the new innovations that have been required along the way to keep Moore's law advancing, such as Intel's 3D transactions, etc..
I have already stated the facts and provided a link to where I have explained it in much greater detail. You are free to believe anything you want to. It will still not make it correct.
Please go interview someone knowledgeable at Intel to become more aware of the reality. For example just reading a story about how difficult it was for Intel to release the latest generation CPUs and the human ingenuity it required to sort out various issues with the smaller transistors. In short, you're oversimplifying your assumption about the capabilities of AI.
As well, you do not comprehend the generative essence which is the entropy argument (which insures the capabilities of AI will never replace/dominate the necessary imperfection and randomness of nature). And I have no desire to try to explain it further to laymen (beyond what I already linked to), who have some fantasy about what they saw on Star Trek.
Even blogging on Steemit is not future proof because algorithms can blog too and soon AI will be able to do it better than people so why would I think I can blog for much longer? I see the writing on the wall.
Any intellectual activity that requires the randomness of ingenuity will remain the domain of humans. Remember for example humans can leverage AI against AI. AI is a replicated low entropy tool for humans. Every human is biologically unique. That random imperfection can't be captured by AI, because AI is top-down replicated phenomenon.
To the extent that AI ever does become randomly imperfect and unique like humans (i.e. if it truly becomes alive), then it will lose it's illogically postulated ability to form a universal total order (i.e. imperfections require partial orders). Humans can compute just as fast as AI can, we use computers to do it. I already explained why the notion of AI autonomously directing itself faster than humans directing AI is low entropy and thus not dominant.
In short, Kurzweil is selling snake oil.
RE: In Defense of Consortium Blockchains