So? It sounds like you're prodding us to make an extrapolation fallacy (I don't even grant the "10x in 12 months" point, but let's just accept the premise for the sake of argument).
Honestly, 12 months ago the base models weren't substantially worse than they are right now. Some people will argue with me endlessly on this point, and maybe they're a bit better on the margin, but I think it's pretty much true. When I look at the improvements of the last year with a cold, rational eye, they've been in two major areas:
* cost & efficiency
* UI & integration
So how do we improve from here? Cost & efficiency are the obvious lever with historical precedent: GPUs kinda suck for inference, and costs are (currently) rapidly dropping. But, maybe this won't continue -- algorithmic complexity is what it is, and barring some revolutionary change in the architecture, LLMs are exponential algorithms.UI and integration is where most of the rest of the recent improvement has come from, and honestly, this is pretty close to saturation. All of the various AI products already look the same, and I'm certain that they'll continue to converge to a well-accepted local maxima. After that, huge gains in productivity from UX alone will not be possible. This will happen quickly -- probably in the next year or two.
Basically, unless we see a Moore's law of GPUs, I wouldn't bet on indefinite exponential improvement in AI. My bet is that, from here out, this looks like the adoption curve of any prior technology shift (e.g. mainframe -> PC, PC -> laptop, mobile, etc.) where there's a big boom, then a long, slow adoption for the masses.