I think, though, that even if LLMs turn out to be a dead-end and don't progress much further... there are a lot of benefits here.
One of the US's key strategic advantages is brain drain.
We are one of the world's premier destinations for highly educated, highly skilled people from other countries. Their loss, our gain.
There are of course myriad other countries where they could go, many of them more attractive than the US in various ways. Every country in the world is in a sense competing for this talent.