BigSal mentioned something above that’s critical to understanding the AK12 development process: it has to be an economical small arm (sorry Zenitco/sureshot fans). This isn’t necessarily a bad thing, as working under tight constraints CAN lead to innovation and CAN prevent excesses and waste like we see in America. Trust me, I’ve met plenty of scientists and engineers in my life who would be perfectly content to spend the rest of their lives fiddling around with prototypes in pursuit of perfection without ever shipping a single finished product. Sure it’s great if you can afford the best. But if you buy in big enough quantity, a Romanian AKm derivative is around $100 (not kidding, though my specific knowledge on this is from 2015 or so, a lot has happened since then), and the difference between not having a rifle and having a rifle is a lot greater than the difference between having a Romanian AKm and having the new Sig M5 or whatever you think of as newest and best gun.
The AK12 is supposed to provide a reasonable quality, light(ish) weight, simple to manufacture, economical platform for modern capabilities that the Russian military can grow into as the capabilities become affordable to them. I think there are some conflicting design choices that will make it more difficult to attain that goal (welded gas tube, crunchy trigger, pretending like they’re not still using 3-4+ MOA corrosive ammo, free float hand guards that also don’t hold zero, optic mounting solution . . . Do they care about precision/accuracy or not?), but nothing is unrecoverable about the fundamental design of the firearm. I even think some things like the QD muzzle device design are really clever, though time will tell if/how much that affects POI shift and shot dispersion.
At any rate as someone who takes a lot of interest in modernization efforts directed at the AK design, I’m hopeful that the working group will come up with some good design tweaks and improvements that will make the AK12 a much greater improvement over the basic AK74m than it is now.