[AGI Developer here]
> the real barrier for AGI is software and not hardware.
This is indeed true. It has actually been true for some time. AGI is computable on present day hardware if one has enough knowledge on how to correctly structure it. A fundamental understanding of intelligence is the first step. How one crafts this understanding into software is the second step. Hardware reached capability in recent years.
> exploding intelligence
There is no such thing. Time is still required like with all things. Teaching/learning/interaction is still required. Furthermore, A controller/overseer of the system can more than adequately limit progress they are not comfortable with. I find the idea of exploding intelligence/overnight super AI to be pure fantasy not at all aware as to the structure of AGI.
> If an organization can marginally predict stock price movements better than the rest of the world..
The problem is this kind of thinking... AGI is achieved and people rush to apply it to games to get rich. Sorry, that will not occur. It will not occur because the stock market is fundamentally a [game]. A game with disadvantaged players. A game with incomplete information. A game whose rules/dynamics change frequently to suit inside players. One could make all of the accurate predictions they wanted, if the game changes underneath you or before you can act, your lofty predictions have no real world value and that's exactly how the market behaves.