LLMs cannot, by their very nature, lead to AGI. They very badly need people to believe it is AGI though, because their growth model does not work without it.

(This excludes the financials, which are just straight-up fraud on wheels)

I would say these claims now border on fraud. It will be fascinating in 20 years when we are looking back on this bubble and wondering how so many smart people were so easily swindled.

AGI / ASI can't happen without an entirely new paradigm. This ain't it chief.