AI is more like a union that controls the entire labour pool. I'm one out of a few million developers. I've got very limited bargaining power. I can't withdraw my labour because I need it to make rent and buy food. My cost has a very predictable ceiling.

On the other hand, there's two AI labs, that could afford to eat your profit, because what are you gonna do? They're your entire labour force.

There are more than two options. The others are not as good, but depending on who you believe they might be good enough.