Machine intelligence has been on the rise since the 1950s. Already it exceeds human capabilities in many domains.
There is a common and well-known distinction between what you mean by ‘machine intelligence’ and what is meant by ‘AGI’. Deep Blue is a chess AI. It plays chess. It can’t plan a stock portfolio because it is narrow. Humans can play chess and plan stock portfolios, because they have general intelligence. Artificial general intelligence, not ‘machine intelligence’, is under discussion here.
There is a common and well-known distinction between what you mean by ‘machine intelligence’ and what is meant by ‘AGI’. Deep Blue is a chess AI. It plays chess. It can’t plan a stock portfolio because it is narrow. Humans can play chess and plan stock portfolios, because they have general intelligence. Artificial general intelligence, not ‘machine intelligence’, is under discussion here.