Actually, no, that's not clear to me either. While profit is certainly always what private enterprises aim for, it's also possible they will simply fail at it.

Actually, no, that's not clear to me either. While profit is certainly always what private enterprises aim for, it's also possible they will simply fail at it. Companies go bankrupt all the time. Those investments might simply be lost as other, better, cheaper options become available. Nowhere should give us more confidence in this outcome being not just possible but likely, over the next 5-10 years, than the rapid growth of locally runnable models. There the fixed cost really is market rate silicon and the ongoing variable costs simply market rate electricity. So I don't even think you were being excessively metaphorical with that. That is actually where the price will head.