The term "artificial general intelligence" (AGI) refers to a type of AI that possesses the ability to understand, learn, and apply intelligence across a diverse range of tasks, similar to human cognitive abilities. Unlike narrow AI, which is designed for specific applications, AGI aims for a more versatile and adaptive understanding of the world. Achieving AGI would lead to machines capable of independent thought and reasoning, fostering breakthroughs in technology and potentially reshaping various industries.