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Coming from the PC games industry in the 90s and early 2000s, it was a struggle to run some of the games on release. 90%* of people wouldn't be able to play the AAA games on release (think Crysis, etc). This period of local LLMs reminds me of that time, whereby the hardware just isn't there yet. Give it time, and the prices will drop.

* total guess

Assuming we can even get the hardware in the first place, it might not even be possible for consumers to buy it at any price if it sells out through "agreements" made years in advance https://news.ycombinator.com/item?id=47045459