I don’t think many people are quite that myopic in their views.
Yudkowsky wrote a 250 page book to say "we must limit all commercial GPU clusters to a maximum of 8." That is terrifyingly myopic, and look at the reviews on Amazon. 4.6 stars (574). That is what scares me.
I don’t think you need to worry that the other extreme exists as well. The obscene flow of money into AI at every stage has thus far gone almost entirely unchallenged.