Advancements in machine learning and artificial intelligence (AI) are driving the growth of artificial general intelligence (AGI).

AGI is a theoretical AI system with capabilities that rival those of a human. Many researchers believe we are decades away from achieving AGI, but we may be closer than we think.

Findings from Verified Market Research in March show that the AGI market size was valued at $2.74 billion in 2023. This number is projected to reach a whopping $25.74 billion by 2031.

A Framework To Address AI Development Concerns

While AGI may be beneficial, a number of concerns exist. A survey conducted by the Artificial Superintelligence (ASI) Alliance found that 48% of respondents believe that AI is being developed only to benefit big technology companies.

The majority of surveyors also mentioned they feel a lack of control when it comes to AI development. In addition, two-in-five respondents remain worried that current AI development is not transparent or accountable to the public.

“As artificial general intelligence (AGI) moves from vision to reality, these ten reckonings represent urgent conversations humanity must have now.

For example, the second of the ten reckonings asks whether AI will be controlled by the very few or by the many. The document notes that large tech companies dominate the development of AI, while major questions of ownership, access, and accountability remain unanswered.

“Centralized AI dominated by large tech companies and large language models (LLMs), with closed source code, secret training methods, and plagiarized training data, is not the only path to AGI, and may not even be the most promising path.

Decentralized development of AGI must be pursued. He noted that the ASI Alliance is proving that decentralized development of AGI is not only possible, but is underway.

“By taking AGI out of the control of a few powerful players, decentralization enables communities, independent researchers, and ordinary citizens to collectively shape the direction of these technologies. This democratization ensures that the development of AGI reflects broader values, not just corporate profit motives.”

April 22, 2025