The technology in (real world) 2001
was incredible. But all the progress was in computers and communication, not travel.
Back in the 20th century, every looked at the incredible advances in travel technology from 1850-1950 and assumed the growth curve would just keep on going. But it didn't; it peaked out somewhere in the 1970s. Since then it's gotten cheaper, but not faster.
I think the Singularity is the exact same sort of projection. Progress in computer technology was incredibly fast from 1970 to 2000. My phone has a processor thousands of times faster than my first computer, back in 1982. And if progress continued at that rate, the Singularity probably would be inevitable. But it hasn't. My desktop computer today is not significantly more powerful than the machine I had in 2007. My laptop is much better than my laptop then, but it's only on par with my 2007 desktop. My phone is insanely better than my 2007 phone. The current trend is for computing power to get smaller and cheaper, rather than getting more computing power. That's great, but I don't see it getting us to the Singularity anytime soon.