rationalskepticism.org

Interesting lecture. Mind you, he like others misses the fact that it's only the Misner/Thorne/Wheeler "geometrical interpretation" of general relativity that predicts a singularity in the middle of a black hole. Einstein never liked the idea, and it isn't present in the Weinberg "field interpretation". The latter is essentially the frozen-star concept, and it makes a huge difference. In this scenario, as you approach the event horizon, time dilation goes infinite. That means the coordinate speed of light as determined by outside observers in the universe at large is zero. That means nothing can happen, similar to the timeless scenario of the heat-death universe. There's a very high energy density, but it's absolutely uniform, so none of the energy is usable. The entropy is very high. It's not too far from the gravastar idea, see http://en.wikipedia.org/wiki/Gravastar and note where it says "This region is called a 'gravitational vacuum', because it is a void in the fabric of space and time."

This is where it gets interesting. If the black hole is a hole in "the fabric of space and time", what happens if you remove the surrounding fabric? You've got a region of very high energy density, and Einstein didn't call it stress-energy for nothing. Stress is akin to pressure. Now it can expand, and the expansion permits motion so "quantum-fluctuation" differences can magnify and stars can form. Local concentrations of energy can drive processes and machines and mathematical physicists. So the entropy has reduced. It then gradually rises again as we move towards heat-death.