The number of companies that seem to be charging forward towards AGI is small. Most of the companies are doing what you might call "realistic AI": some definable goal (like self-driving) which everyone agrees will eventually happen (and probably will) but no one is quite sure how to get there in every detail.
I try to be an optimist, mostly because of how many counterexamples you see from history. Didn't some newspaper claim that human flight "may be invented in the next several thousand years" shortly before Kitty Hawk?
But for some reason, rich people keep coming to me with what they're trying to do. My advice is the same: you're going to lose your money unless you bet on proven techniques that exist today.
Take AI dungeon as the prime example. That is what I would call a grade-A idea. It was incredibly obvious that it would become a company (now Latitude) and that it would be successful, if someone was willing to put in the effort to make it so (which Nick Walton did). Once AI dungeon worked, and it had a "minimum viable working thing," the rest was a matter of execution.
But a lot of the ideas seem to fall into the category of... Well, for example, someone came to me saying they wanted to build a "virtual universe, filled with virtual people that you can talk to."
It sounds lovely on paper. But what are you selling, really? There has to be some specific value proposition. So strike one is that it's an unproven market. You yourself want a virtual universe. But is that virtual universe going to lead to something that will solve a lot of people's problems? And we haven't even begun to discuss how you're going to get there. What do you mean exactly by "virtual person"?
It's easy to pick on some of the outliers. But unfortunately, the problem runs much deeper. There are people who genuinely believe that AGI is within reach within our lifetimes, or perhaps within one generation. But whenever I try to corner them into giving specific details on how precisely to get there, the handwaving begins.
This is now a complete tangent, but, I found myself excited and enthusiastic to pursue AGI after a long conversation with a certain someone. They had "fresh eyes" -- a new way of viewing the situation, unlike anything that people were currently trying.
Unfortunately, after throwing myself into that mindset for several weeks, I had no choice but to conclude that their chance was closer to zero than 1%. And I was really trying hard to find that 1%, with all my mental effort (such as it is).
So what choice do we have but to let people pursue impossible dreams, and return to the work that we feel we can make an impact on? Live and let live. And of course, there's the likely outcome: our predictions will be incorrect, and we'll be talking with AGI in a virtual universe sooner than we think. But I wouldn't fall in love with their dream.
(I also think you were unfairly jumped on, and that you had a fine point, for what it's worth. Thanks for the prompt.)