jagged frontier means AI may become vastly superhuman in capabilities in many areas that matter (even up to existential or mass disempowerment risk) without reaching this definition of AGI.

At minimum wage of $7 and Anthropic's profit margin being closer to 10% we are already there

This is idiot economics. Ai is already taking over jobs by undercutting them, similar to offshoring.

You can't just multiply out the numbers because it assumes knowledge of the supply and demand curves that aren't available. Namely, we don't have access to the emperical supply and demand curves of any good or service.

Every supply and demand curve we've ever seen is a pedagogical tool for teaching the concept, not for what actually exists in the world. The author mistakes the teaching model as fact invalidating all downstream conclusions.