I completely agree that LLMs are missing a fundamental part for AGI, which itself is a long way of from super intelligence.
However, you don't need either of these to completely decimate the job markets and by extension our societies.
Historically speaking, "good enough" and cheaper had always won over "better, but more expensive". I suspect LLMs will raise this question endlessly until significant portions of the society are struggling - and who knows what will happen then
Before LLMs started going anywhere, I thought that's gonna be an issue for later generations, but at this point I suspect we'll witness it within the next 10 yrs.