It is more complicated than that when the valuations and business plans are contingent on those companies AI having complete dominance at every level.

If companies only use frontier models for occasional difficult tasks, not only does that affect volume, it basically elminates stickiness and incentivizes companies to instead of using their products continuosly, find ways to move from the expensive stuff to the cheaper stuff.

You’re assuming other model creators can’t build these mega models. Evidence is they’ve simply decided it’s a fools game to do so and they’re focused on where the use cases are.