Even today's frontier models and the surge of AI agents leave us far from AGI. The gains are genuine, particularly in generation, reasoning, coding, multimodal understanding, and workflow automation, but these systems remain narrow in deep cognition.
Persistent memory, adaptive reasoning, world models, interaction, self-improvement, embodiment, and long-horizon autonomy are still fundamentally unresolved.
Most big tech layoffs are not simply "AI replacing humans." They are largely corrections after overhiring, compounded by restructuring to capture efficiency gains from augmented intelligence and human-AI collaboration.