I agree somewhat with this as a set of conclusions, but your argument deserves to get downvoted because you've made statements that are highly controversial. The primary issue is that, if one thinks that an AI can engage in recursive self-improvement and can do so quickly, then once there's an AI that's at all capable of such improvement, the AI will rapidly move outside our control. There are arguments against such a possibility being likely, but this is not a trivial matter. Moreover, comparing the situation to fiction is unhelpful- just because something is common in fiction that's not an argument that such a situation can't actually happen in practice. Reversed stupidity is not intelligence.