What's the point of blaming the previous administration when they can no longer do anything about it? I could blame Nixon for not doing something about climate change, for all the good it would do.
As for AGI and worse, ASI, the risk to human civilization is very real. The rest of us are in peril right now without regulation and an international framework to inspect and confiscate materials for dangerous AI projects. A failure of leadership to lead. A failure of governments to protect its citizenry. Treating AI as just another business is a massive blunder.