It reminds me of the switch from GPUs to ASICs in bitcoin mining. I've been expecting this to happen.
AI being static weights is already challenged with the frequent model updates we already see - but may even be a relic once we find a new architecture.
And then it'll increasingly make sense to build such a chip into laptops, smartphones, wearables. Not for high-end tasks, but to drive the everyday bread-and-butter tasks.