Artificial General Intelligence (AGI) is a theoretical form of artificial intelligence that possesses the ability to understand, learn, and apply knowledge across a wide range of tasks at a human level. Unlike narrow AI, which is designed for specific functions, AGI would be capable of reasoning, problem-solving, and adapting to new situations without specialized training. AGI is a major focus in AI research due to its potential to transform industries, economies, and society, though it also raises significant ethical and safety concerns.