By the time the dust settles I wouldn't be surprised if personal interactive usage couldn't even be had for under $200. I can't fit my modelling of the serving costs of these things to any public reporting, even the more bearish examples
High end SOTA coding is harder, but even there I suspect a mix of usage based strong models and selfhost small is viable if necessary.
Of course, this is fine for people in the bay area earning hundreds of thousands of dollars a year. But then your client base becomes so reduced its hard to justify the valuation these companies have.
These AI companies are not hyped so much because they will offer a luxury product, they're valued because they're supposed to "change the world" which luxury does not do.