Since May is halfway over, I think my timeline projection was wrong, but the AI companies are certainly playing with fire.

They're currently doing what might be called "enshittification" if they were any other SaaS: lower usage limits, pricing restructuring to capture more value for themselves, etc.

This isn't the sort of thing that will kill off the use of LLM technology or even generative AI as a whole. So-called "local models" will likely persist the AI bubble pop.

But what won't survive is the service model where AI users' data is funneled into a third-party service provider and processed by an LLM.