Indeed, on both. Even IQ 85 would make a painful dent in the economy via unemployment statistics. But the AI we have now is spikey, in ways that make it trip up over mistakes even slighly below average humans would not make, even though it can also do Maths Olympiad puzzles, the bar exam, leetcode, etc.
The emotional way that humans think when buying products is similarly unfair. Only the 90th percentile is truly 'satisfactory'. The implied question is when would Joe Average and everyone else stop moving the goal posts to the question, "Do we have AI yet"?
ASI is, by definition, Superintelligence, which means it is beyond practical human IQ capacity. So something like 200 IQ.
Again, you might call it 'unfair', but that's when it will also stop having goal posts being moved; otherwise, Joe Midwit will call it 'it's only as smart as some smart dudes I know'.
Well, that's 91th percentile already. I know the terms are hazy, but that seems closer to ASI than AGI from that perspective, no?
I think I do agree with you on the other points.