On October 27, 2024, OpenAI disbanded its AGI Readiness team, with Senior Advisor Miles Brundage departing from the organization. Brundage has raised concerns that neither OpenAI nor the world is prepared for Artificial General Intelligence (AGI). He emphasized that the opportunity cost of continuing the AGI Readiness team was too high. This sentiment is echoed by OpenAI CFO Sarah Friar, who stated that AGI is closer than most think and highlighted the advanced capabilities of OpenAI's internal research models, which can perform at a PhD level across various fields. Friar also noted that the new O1 reasoning model can perform tasks equivalent to a $2000/hour paralegal.