We now have several organizations actively iterating on the same idea: OpenAI, Google, Apple, etc., most of which have more resources at their disposal than most countries do. They are also in fierce competition with each other. There's also a trend line if you look at the rate of progress over the last decade.
Then again, Bill Gates thinks it may have plateaued. He ought to be privy to OpenAI's going-ons. That, and Gemini was underwhelming.