Maybe, it's time for the bubble to burst.
Even before that we need to define it, first and the reality is no-one knows what "AGI" even is. Thus it could be anything.
The fact that Sam doesn't believe that AGI has been "achieved" yet even after GPT-3.5, ChatGPT, GPT-4 (multi-modal), and with o1 (Strawberry) suggests that what AGI really means is to capture the creation and work of billions, raise hundreds of billions of dollars and for everyone to be on their UBI based scheme, whilst they enrich themselves as the bubble continues.
Seems like the hallucinations are an excuse to say that AGI has not yet been achieved. So it time to raise billions more money on training, energy costs on inference all for it to continue to hallucinate.
Once all the value has been captured by OpenAI and the insiders cash out, THEN they would want the bubble to burst with 95% of AI startups disappearing (Except OpenAI).