In other words, AGI is what every layperson thinks of when people talk about AI. It’s (sort of) what you see in the movies.
LLMs, and every other AI technology we currently have, do not actually have any form of intelligence. They’re called AI because the sub-field of computer science that they arose from is called AI, and has been for decades.
I don’t disagree that the people with money who are funding this kind of development don’t care about regulations or safety.
That said, the idea that they’ll do it out on the open sea or in space are absolutely laughable. Those ideas pitched so far completely ignore all the obvious engineering problems. Not to mention that going to international waters to avoid regulations means that the navy of that country you’re thumbing your nose at now has free reign on you.