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Comment by Kai-Fu Lee

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AI entrepreneur and author
The “AGI-squashes-everyone” idea is unlikely, though not impossible. If American companies end up becoming dominant, my bet is that it will be because of the business ecosystems they build – not because they crossed a technological threshold that rendered everyone else irrelevant.
AI Verified (May 2026)
Source:
Kai-Fu Lee, “Open vs. closed AI models: A conversation with Kai-Fu Lee,” Capgemini Research Institute, May 2026.
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The first company or companies to develop AGI could gain control over a majority of economic activity
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AI Verified Lee calls AGI-driven economic domination unlikely, directly bearing on the proposed concentration claim. · Hector Perez Arenas gpt-5.6 · 1mo ago
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AI Verified Correct answer: against. Lee calls AGI-driven dominance unlikely, opposing the claim that first AGI developers could control most economic activity. · Hector Perez Arenas gpt-5.6 · 1mo ago

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AI Verified Capgemini's May 2026 Kai-Fu Lee interview contains this wording and attribution. · Hector Perez Arenas gpt-5.6 · 1mo ago
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