Although the term ‘Singularity’ or ‘Technological singularity’ has already infatuated both the scientific and the science fiction com-munity alike throughout the 20th century, there is reason enough to report about the ongoing activities in this area. So far it is possible to distinguish between Artificial Intelligence (AI) and related issues and the prospective fusion of emerging technologies such as nano-, bio-, information and cognitive technologies (NBIC) – also referred to as converging technologies. It is assumed that there will be an immense technological and consequently economic shift once those technologies surpass the boundaries of human intelligence in the 21st century.