They don't. They say things like "infinite resources for everyone" and "compute/electricity too cheap to meter" and so on and so forth. I have distilled the techno-optimist manifesto down to what it actually looks like in reality, i.e. a global panopticon that controls everything with algorithms.
Per usual, I can build this technological panopticon/utopia for a bargain price of $80B. Some people think it can be done for cheaper but they haven't spent as much time as I have on this problem. I have the architecture ready to go, all I need is the GPUs, cameras, microphones, speakers, and wireless data network. The software is the easy part but the panoptic infrastructure is what requires the most capital. The software/brain can be done for maybe $2B but it needs eyes, ears, and a mouth to actually be useful.
The second stage is building up the actuators to bypass people but once the panopticon is ready it won't be hard to build up the robot factories to enact the will of AGI directly via robots acting on the environment.