Getting aside from the pseudo-religious arguments which are often raised in objection (and, personally I believe legitimately), I think we are left with 2 options:
1) the Singularity is a real thing which will happen at some point in the future
2) Consciousness is not able to be crafted by man and the logistics of downloadable consciousnesses and infinately extendable lifespans are forever beyond us, and life will continue pretty much as it has since pre-history, with better technology making a 'richer' life a possibility for a greater and greater proportion of humanity.
As much as I would hope for option 1) the question I feel needs to be asked is why have not other conscious beings (which logically must exist elsewhere in the universe regardless of the numbers you plug into the Drake equation) come to us in their flying robot suits?
The complex interplay of neurology and computing is only in it's infancy, and I wait with bated breath at the advances we are making in our understanding..