OpenAI and Microsoft have put a price tag on what it means to achieve AGI: report

AGI Definition and Agreement - OpenAI and Microsoft define AGI as a system capable of generating $100 billion in profits [1][6] - OpenAI publicly defines AGI as a highly autonomous system outperforming humans in most economically valuable work [1] - The nonprofit board of OpenAI will decide whether AGI has been achieved [1] OpenAI's Financial and Structural Developments - OpenAI is in preliminary talks with California's attorney general's office about transitioning to a for-profit company [2] - OpenAI closed a $6.6 billion funding round in October 2023, valuing the company at $157 billion [2] - OpenAI expects to accumulate losses of around $44 billion between 2023 and 2028 [5] - OpenAI could reach $100 billion in revenue by 2029 [5] AGI and Commercial Terms with Microsoft - AGI systems are excluded from IP licenses and other commercial terms with Microsoft, which only apply to pre-AGI technology [4] - OpenAI and Microsoft have an internal agreement defining AGI based on its profit-generating potential [6] CEO's Perspective on AGI - OpenAI CEO Sam Altman believes AGI will be achieved sooner than most people expect and its impact will be less significant than anticipated [7]