Nevertheless, like the funding-hungry CEO he is, Altman quickly turned the thread around to OpenAI promising jam tomorrow, with the execution of the firm's roadmap, amazing next-gen AI models, and "bringing you all AGI and beyond."
Artificial General Intelligence, the pipedream of a technological intelligence that is not producing a single thing but generally capable, like a human.
Edit: recommended reading is “Life 3.0”. While I think it is overly positive about AI, it gives a good overview of AI industry and innovation, and the ideas behind it. You will have to swallow a massive chunk of Musk-fanboism, although to be fair it predates Musk’s waving the fasces.
Well, it does make sense in that the time during which we have AGI would be pretty short because AGI would soon go beyond human-level intelligence. With that said, LLMs are certainly not going to get there, assuming AGI is even possible at all.
The fact that Microsoft and OpenAI define Artificial General Intelligence in terms of profit suggests they're not confident about achieving the real thing:
The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits. (Source)
Given this definition, when they say they'll achieve AGI and beyond, they simply mean they'll achieve more than $100 billion in profit. It says nothing about what they expect to achieve technically.