I wholly disagree. Rather than going the "everything is a claude code skill" route, I've been hacking together purpose-built harnesses for all sorts of tasks, and in that environment a wee little baby model can do some really useful things. You end up burning lots of tokens making the thing, but then all that investment comes back when the resulting tool works perfectly fine on a dinky little model that fits on my 3060 Ti.
Europe will definitely be interested in democratizing these things if China starts losing interests; from there, there'll be more countries looking to keep their citizens entrained in their own Country's infrastructure.
It'll especially be true if the memory cartel keeps prices high and NVIDIA tries to gouge higher memory models.
It's an arms race everyone can join because PC hardware was mostly democratized in the last decade.