This type of comment is another thing I don't quite understand -- as if no one but AI proponents have heard of the Singularity. "There's no point in investing in anything else" is a very presumptive, fact-free idea. It's just begging the question. Many promising false starts have occurred in this area. Predictions from technologists such as Kurzweil have been wrong more than they've been right.
Kurzweil's predictions were spot on and stood the test of time. Sure you can nitpick some things that didn't happen but overall he was spot on. He was one on the first people who understood what became known as "scaling hypothesis".
If you investigate the language of these individuals and where these ideas come from, it's basically taking ideas from Christianity while giving it a techno. Things like requiring data to live "forever" is not that different than ideas of the afterlife.