I don't know if this will happen with any certainty, but the general idea of commoditising intelligence very much has the ability to tip the world order: every problem that can be tackled by throwing brainpower at it will be, and those advances will compound.
Also, the question you're posing did happen: it was called the Manhattan Project.
“AGI” has proven to be today’s hot marketing stunt for when you need to raise another round of cash and your only viable product is optimism.
Flying cars were just around the corner in the 60s, too.
The Manhattan Project would be a cute example if the Los Alamos scientists had gone rogue and declared themselves emperors of mankind, but no, in fact the people in charge remained the people in charge - mostly not supergeniuses.