This presumes a lot of breakthroughs in model interpretability, corrigibility and of inner alignment. Since those are a prerequisite for AGI that we can live along side, I'd have some amount of relief that we found at least a temporary solution (but will those solutions scale to ASI?).

Now, if Iran created an AGI that poorly aligned with the global community before other nations had similar AGI, then then I suspect that would result in a future world I wouldn't be happy with. But it could be much better than a world with AGI that is unaligned with any human values, regardless of who created it.

My best case scenario could be AGI being created by a broad international coalition that is able agree with some combination of capabilities and alignment. I'm not very confident that this is our future, though. If anyone is going to do it, I think it is more likely that the USA would be the first to create a culturally aligned AGI. Which of course would still be considered a disaster for incongruent cultures.