Maybe, but I know what my laser focus will be on for the next few weeks. I suspect a massive number of researchers around the world have just switched their focus in a similar way. The resources applied to this problem have been going up exponentially and the recent RL techniques have now opened the floodgates for anyone with a 4090 (or even smaller!) to try crazy things. In a world where the resources are constant I would agree with your basic assertion that 'it is right around the corner' will stay that way, but in a world where resources are doubling this fast there is no doubt we are about to achieve it.
Your reasoning still assumes that "AGI" can emerge from quadratic time brute force on some text and images scraped off the internet. Personally, I'm skeptical of that premise.
That's like saying sentience cannot emerge from a few amino acids tumbled together, yet here we are. There is a lot of higher dimensional information encoded in those "text and images scraped off the internet". I still don't think that's enough for AGI (or ASI) but we know a lot of very complex things that are made of simple parts.
OTOH, text and images have only been around for a little while. The real question is whether text and images can contain enough information for AGI, or a physical world to interact with is needed.
