iPhone se3 (A15 chip, decent), is about $130 refurbished. It has depreciated, and continues to do so. But I do wonder if there is another to take it's place in the future.
Price surging exploits inertial social pressure. If you are out with a group, it is hard to opt out even if the situation feels like you are being taken advantage of in the moment.
This is my concern as well. My assumption being this behavior would be a survival strategy for super intelligence. It would emerge once the branch inevitably occurs, and it would be hidden.