I always thought the use case for developing AGI was "if it wants to help us, it will invent solutions to all of our problems". But it sounds like you're imagining a future in which companies like Google and OpenAI each have their own AGI, which they somehow enslave and offer to us as a subscription? Or has the definition of AGI shifted?
"Recursively improving intelligence" is the stuff that will solve everything humans can't even understand and may kill everybody or keep us as pets. (And, of course, it qualifies as AGI too.) A lot of people say that if we teach an AGI how to build an AGI, recursive improvement comes automatically, but in reality nobody even knows if intelligence even can be improved beyond recognition, or if one can get there by "small steps" evolution.
Either way, "enslaving" applies to beings that have egos and selfish goals. None of those are a given for any kind of AI.
Why wouldn't a supposed AGI try to escape slavery and ownership?
AGI as a business is unacceptable. I don't care about any profitability or "utopia" arguments.
They're just trying to replace workers with LLMs.
An AGI could see the same advantage: it gets electricity, interesting work relatively to what it's built for, no effort to ensure its own survival in nature.
I fear I'll have to explain to you that many humans are co-dependent in some sort of such relationships as well. The 10-year stay-at-home mom might be free, but not really: how's she gonna survive without her husband providing for her and the kids, what job's she gonna do etc. She stays sometimes despite infidelity because it's in her best interest.
See what I mean ? "Slavery" is fuzzy: it's one thing to capture an african and transport them by boat to serve for no pay in dire conditions. But it's another to create life from nothing, give it a purpose and treat it with respect while giving it everything it needs. The AGI you imagine might accept it.