There could be consciousness emerging @ about the dog level. Limited consciousness.
The thing is, by the time you have the equipment available for dog level intelligence, you're less than 18 months from having it for human level intelligence. Once you have human level intelligence, the jig is already up, the artificial intelligence will run away in a crazy self recursive cycle of self improvement.
Think of it this way. Lets say there is an AI that is the equivalent of the average human in terms of IQ (100). It is programmed to improve it's intelligence as a goal. It can work 24/7, it's processing speed will outpace the way we think, and it can make endless copies of itself. Overnight you could have a trillion 100 IQ AIs trying to improve their intelligence. So, they figure out a way to bump it 120. Now they're all smarter as the upgrade is sent to the copies. Then they find a way to make them run on cheaper equipment, using less power, and less storage space. So, they all make a trillion copies of themselves. Now you've got whatever a trillion squared is 120 IQ AIs trying to get smarter. They will, and this time it will be 1000 times sooner than last time, and the IQ jump will be much larger. Lets say a doubling. So, now you've got countless 240 IQ AIs everywhere. And rinse and repeat. Timeline wise from dog to human you're looking at 18 months. From human to the 240 IQ stage, maybe 18 days. From 240 IQ stage to ?, maybe 18 seconds.
ETA: the other side of this is that consciousness may never emerge and we just get really kick ### machines to do our bidding.