The Forthcoming AGI Revolution: Its Impact on Society and Firms

This paper examines the transformative impact of Artificial General Intelligence (AGI), poised to redefine society and organizations by surpassing narrow AI's capabilities. Drawing on historical technological revolutions, we analyze AGI’s potential to enhance problem-solving, address global challenges like climate change and healthcare disparities, and reshape labor, governance, and human purpose. Through a human-AI collaborative approach, we present four scenarios—ranging from utopian synergy to existential risks—to assess AGI’s societal and economic implications. Key considerations include cognitive automation, ethical governance, and equitable access. We propose actionable recommendations for governments, firms, and educational institutions, emphasizing reskilling, international cooperation, and ethical frameworks to ensure AGI fosters inclusive prosperity while mitigating risks like job displacement and inequality.