When Demis Hassabis revises his AGI forecast, it deserves more weight than most timeline talk — he has run a frontier lab for over a decade and rarely chases hype. Still, note the pattern: his estimates only move in one direction, and lab leaders have every incentive to signal urgency, since it shapes funding, talent, and policy expectations. The fuzziness of 'AGI' itself makes such predictions nearly unfalsifiable — two to three years could mean an agent that automates most knowledge work or something far short of that. On our view, the shift says less about a sudden technical breakthrough than about competitive pressure and internal momentum at Google. Treat it as a confidence signal, not a deadline.