I have similar thoughts.
To those who feel on the contrary, I would genuinely like to understand why average consumer won't be priced out of hardware? The silicon industry is already quite centralised. Everywhere we already see the concept of ownership disappearing.
It's quite difficult for me to visualise a non-dystopian future where our PCs are just mere screens and every compute happens on a remote cloud, owned by some corporation, charging you subscription fees to even add and multiply numbers.
I would be the happiest if this (perhaps the most) pessimistic scenario doesn't pan out, but I can't deny that it feels like that's where we are heading.