What if the models capable of CoT aren't and will never be, regardless of topological manipulation, capable of processes that could be considered AGI? For example, human intelligence (the closest thing we know to AGI) requires extremely complex sensory and internal feedback loops and continuous processing unlike autoregressive models' discrete processing.
As a layman, this matches my intuition that LLMs are not at all in the same family of systems as the ones capable of generating intelligence or consciousness.