Thank you for the comment, Romesh :)
I don't think Terminator-like AI is anywhere close to where we're at now. Real-world embodied AI is still far away — even if Elon Musk said Tesla will have a humanoid robot prototype before the end of 2022.
The challenges of this problem are way more complex than most people think. Most AI experts are aware of this, though. But the way the mass media often depicts AI confuses the non-technical audience. Also, our tendency to fantasize makes us create the illusion that sci-fi AI is closer than it is.
That said, you nailed it with your last sentence. AGI itself is not the most pressing problem. Who and how controls AGI — or other, less powerful AIs — is what should worry us.