I feel like this has just accelerated what was the ideal scenario all along: high hardware prices push more people to rent

From an outside view OpenAI buying all that raw RAM certainly looked like they were buying it mostly to prevent anyone else from using it more than that they had an immediate need. I recall a Microsoft exec complaining that many of the GPUs they purchased were just sitting in a warehouse as they didn't have the power supply to actually do anything with them.

It will result in more people having to "rent" their computer from a corporate cloud. An extension of what already exists for poor gamers who stream their own games from a cloud renderer.