They have a definition actually) “When AI generates $100 billion in profits” it will be considered an AGI. This term was defined in their previous partnership, not sure if it's still holds after the restructuring.
That is a staggering number - if an engineer makes $100k per year, and let's say OpenAI can do a 20% profit margin on running an engineer-equivalent agent, that means it needs $600B profit or 6 million fully-equivalent engineer years.
I think you can rebuild human civilization with that.
I feel like replacing highly skilled human labor hardly makes financial sense, if it costs that much.
I wonder if they have more detailed provisions than this though. For example, if a later version of Sora can make good advertisements and catches on in the ad industry, would that count?
Or maybe since it is ultimately an agreement about money and IP, they are fine with defining it solely through profits?
>> Whether you are an enterprise developer or BigTech in the US you are on average making twice the median income in your area. There is usually no reason for you not to be stacking cash.
I think it's funny and telling that they've used the word "declare" where what they are really doing is "claim".
These guys think they are prophets.