Earlier quoted context omitted.
The US poured a lot of money into the SST, too, it wasn't just the French and the British. A lot of people thought that the future is supersonic as people did want the speed increase when moving to jet planes. Conversely, maybe AGI is not what is wanted in the end anyway.
Whether or not people want AGI, corporations definitely want it, as long as the cost of an AGI worker is less than the cost of a human worker. So perhaps we should prepend a C for “cheap” to the term AGI.
AGI is a major existential threat to companies, I mean we could use AGI to completely replace Microsoft, you wouldn't need companies anymore. All the wealth and power is in jeopardy.
Maybe companies are secretly gunning for "getting the first AGI", but I bet there is plenty of oversight and corporate governance going on too.