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Bill Gates feels Generative AI has plateaued, says GPT-5 will not be any better
(indianexpress.com)
This is a most excellent place for technology news and articles.
Except that scaling alone won't lead to AGI. It may generate better, more convincing text, but the core algorithm is the same. That "special juice" is almost certainly going to come from algorithmic development rather than just throwing more compute at the problem.
See my reply to the person you replied to. I think you're right that there will need to be more algorithmic development (like some awareness of its own confidence so that the network can say IDK instead of hallucinating its best guess). Fundamentally though, llm's don't have the same dimensions of awareness that a person does, and I think that that's the main bottleneck of human-like understanding.