I attended a talk where the head of one of the major labs mostly talked about AGI and what society will be like.

I wonder: what if some of this AGI talk is in some ways a long con?

First and most obviously, the more that people believe it, the more they can attract insane amounts of capital.

Secondly, this massive, society-defining outcome overshadows the more mundane, everyday concerns of power concentration in a hyper-aggregator.

Everyone's fretting about this infinite outcome that might never come, instead of the almost-certainly-will-happen hyper-aggregation and power centralized in one company.