I agree with @chamath and would only add one more thing:
- Humans build an AGI.
- The AGI becomes good at AI research.
- It designs a smarter AI.
- AI is given a human-shaped body and also receives worldly information, further accelerating trajectory and economy.
- That smarter AI designs an even smarter AI.
- The cycle repeats faster and faster. With even more impact on the physical world as well.
AI is constantly improving. However, robotics, which will be no less important and is enabled and accelerated by developments in AI, is currently being somewhat overlooked.