Yep. The reality is folks building these types of companies are trying to get acquired as quickly as possible before the house of cards fall. This has led to a huge speculative rush of acquisitions to avoid FOMO later.
The technology is nowhere close to what they're hoping for and incremental progress isn't getting us there.
If we get true AGI agents, anyone can also build a multi-billion dollar tech companies on the cheap.
> If we get true AGI agents, anyone can also build a multi-billion dollar tech companies on the cheap.
That's not how the economy works...
You're right - AGI would be unfathomable, it would be more productive than a quadrillion earths entirely populated by MIT valedictorians who just drank 2 espressos each. "Multi-billion dollar" would be a silly valuation.