There’s a very real/significant risk that AGI either literally destroys the human race, or makes life much shittier for most humans by making most of us obsolete. These risks are precisely why OpenAI was founded as a very open company with a charter that would firmly put the needs of humanity over their own pocketbooks, highly focused on the alignment problem. Instead they’ve closed up, become your standard company looking to make themselves ultra wealthy, and they seem like an extra vicious, “win at any cost” one at that. This plus their AI alignment people leaving in droves (and being muzzled on the way out) should be scary to pretty much everyone.
If this were true, intelligent people would have taken over society by now. Those in power will never relinquish it to a computer just as they refuse to relinquish it to more competent people. For the vast majority of people, AI not only doesn't pose a risk but will only help reveal the incompetence of the ruling class.