The idea of "things leveling out" evoke a metaphor of there being some finite amount of resources that can be gotten out of somewhere.
Exponential growth of tools opens up an exponential number of different avenues of exploration - if computers didn't advance at all for ten years, we'd still come up with many more ways to use them. With them advancing exponentially, we can not only find different ways of using them but new fields where different forms of exponential growth can happen. And so-forth. There's no fixed frontier but a moving process.
This isn't saying it's all wonderful but it's all likely to be a bit beyond our ability to encompass it - to draw a circle around it.
Exponential growth of tools opens up an exponential number of different avenues of exploration - if computers didn't advance at all for ten years, we'd still come up with many more ways to use them. With them advancing exponentially, we can not only find different ways of using them but new fields where different forms of exponential growth can happen. And so-forth. There's no fixed frontier but a moving process.
This isn't saying it's all wonderful but it's all likely to be a bit beyond our ability to encompass it - to draw a circle around it.