NOT clearly on track. Poll the experts on how to achieve AGI, poll them whether we are track. The majority of the answers you'll get are "We don't know". Yes youll find one expert that says something different but overall we don't know.

This may very well be one part of what is required to achieve AGI, the remaining components may take another 50 years to figure out. Early progress in fusion research led people to believe we'd have fusion power stations by the time I was an adult. Early progress in computer science thought the same about AI.

We do not know how close we are or understand how to get closer. All we know is generative AI is an interesting tech that will revolutionize many industry's