This I agree with.

Right now, I do actually use OpenAI's gpt-oss-safeguard-20b for somethings, was released 11 months ago, and is $0.075/M input / $0.30/M output now. I could see this model being in fairly widespread use at 10x speed and 1/10th cost if it was introduced today. Meaning, that for some usecases (moderation) i think dedicated chips can pan out today.

But for more general models, its tougher. Gemini 3 pro was launched in November, if ASICs brought it down 1/10th in cost, it would be $0.20/$1.2. GPT 6 Luna is $0.1/$0.50. Luna is better at a lot of things, but not everything. So 1/10th doesn't really make the ASICS investment worth it in my opinion, but if it brought it down to 1% ($0.02 / $0.12) it would be a really compelling model with a lot of use.

BUT, do i think something like Luna is probably generally capable of doing a huge amount of knowledge work. So if Luna came out at 1/10th the cost a year from now, it would probably be compelling for a while.

It all depends on the rate of improvement in cost/capability.