Artificial general intelligence (AGI) is a hypothetical (for the moment) type of AI with advanced reasoning skills on par with (or more advanced than) humans. In other words, it's AI that is our intellectual equal or superior. While current chatbots based on large language models (like ChatGPT) are incredibly powerful and complex, they are a far cry from human intelligence. But with constant improvements being made at such a rapid pace, what seems like a 'far cry' might end up being a much shorter timeframe than people realize.