To me totally yes, even further, if they keep their existing route, over time people will stop using Anthropic.

More and more specialized and ultra-performant chips are going to flood the consumer market. Especially once new hardware foundries will start producing (well if we don't die from WW3 in the interval).

In 10 years from now, when even basic computers will have 128 GB of memory, and phones will have super optimized tuned models, then what will be the point of Anthropic ?

Just use Gemma/Gemini/Siri or whatever.

Pornography and uncensored models is also pushing toward local models.

It's not like needs of people grows exponentially, the needs follow an asymptote instead (they are capped).

The real revolution is offline robots and self-driving cars, but LLMs are already quite maxed.

For programmers, now, what Anthropic offers is like 3% improvement on a known test (like this pelican riding a bicycle), or on questions leaked from benchmark insiders.

It's ok but not like revolutionary (Fable was better but it was unusable, easy 20 minutes per one prompt due to overthinking).