I wonder what hyperscaled compute farms and models will be good for at that running cost when most AI needs can be fulfilled by on-prem and on-device hardware and models. Probably only customer left are big governments. So in the end the tax payer has to pay for those billions of investments by the AI cartel.
Also, smaller models can obviously be used but a smaller model will be a lot weaker in real-world knowledge and this tends to limit their smarts in a way that can't be compensated by more thinking.