I've been a huge advocate for local, open, generative AI as the best resistance to massive take-over by large corporations controlling all of this content creation. But even as it is (or "was" I should say), running decent models at home is prohibitively expensive for most people.
Micron has already decided to just eliminate the Crucial brand (as mentioned in the post). It feels like if this continues, once our nice home PCs start to break, we won't be able to repair them.
The extreme version of this is that even dumb terminals (which still require some ram) will be as expensive as laptops today. In this world, our entire computing experience is connecting a dumb terminal to a ChatGPT interface where the only way we can interact with anything is through "agents" and prompts.
In this world, OpenAI is not overvalued, and there is no bubble because the large LLM companies become computing.
But again, I think this is mostly a dystopian sci-fi fiction... but it does sit a bit too close to the realm of possible for my tastes.