Maybe AGI is impossible not for any technical reasons, but because AI is a self-limiting technology? As AI improves, it destroys the educational system that creates the researchers that develop it.
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IME when VC says “democratizing” you can substitute “degrading” for the real meaning.
Equating government welfare programs to better society with for profit systems is frankly disgusting. One has provided real empowerment and nearly erased illiteracy rates, the only is simply a system used to extract wealth for a few individuals and not society.
I do not trust any system that has shown to be a degrading experience to raising literacy or teaching others to critically think for themselves.