I don't think AGI is right around the corner

I _hope_ AGI is not right around the corner, for social political reasons we are absolutely not ready for it and it might push the future of humanity into a dystopia abyss.

but also just taking what we have now with some major power usage reduction and minor improvements here and there already seems like something which can be very usable/useful in a lot of areas (and to some degree we aren't even really ready for that either, but I guess thats normal with major technological change)

it's just that for those companies creating foundational models it's quite unclear how they can recoup their already spend cost without either major break through or forcefully (or deceptively) pushing it into a lot more places then it fits into

I think it's rather easy for them to recoup those costs, if you can disrupt some industry with a full AI company with almost no employees and outcompete everyone else, that's free money for you.