But one has to imagine that seeing so many huge datacenters go up and not being able to do training runs etc. is motivating a lot of researchers to try things that are really different. At least I hope so.
It seems pretty short sighted that the funding numbers for memristor startups (for example) are so low so far.
Anyway, assuming that within the next several years more radically different AI hardware and AI architecture paradigms pay off in efficiency gains, the current situation will change. Fully human level AI will be commoditized, and training will be well within the reach of small companies.
I think we should anticipate this given the strong level of need to increase efficiency dramatically, the number of existing research programs, the amount of investment in AI overall, and the history of computation that shows numerous dramatic paradigm shifts.
So anyway "the rest of us" I think should be banding together and making much larger bets on proving and scaling radical new AI hardware paradigms.