AGI Overhyped?

I keep hearing about how AGI is going to change the game and how it's going to immediately lead to a dangerous ASI. I even hear it from people I know who know almost nothing about how AI works. I am no pro myself, but I think having a fundamental understanding of how AI computes and stores information changes the perspective greatly. Firstly, what is AGI? I've never heard a decent definition. Some say it's an AI that is as smart or as general as humans; some say it's an AI that's conscious. I don't see how it could be a "step" by these definitions because nothing actually changes between a regular AI and an AGI. To make AI more general, you just make the input tokenization more granular, change the training method, and perhaps add some kind of iterative framework on top to make it do more stuff. Also, AI is already more capable than humans in almost every way except scale. I personally think that it's just a hype word that Altman spammed to