This is clearly where the industry is going, imho. Everyone who is playing with LLMs wants a laptop with enough grunt to run a decent model locally.

We've been sat with basically the same PC specs for ~20 years - our current specs are within an order of magnitude of the ones we could buy back in 2010. This is not really constrained by tech, as we could have much, much, larger machines. It's more because there's no mass demand for much, much, larger machines - if it's big enough to run Office apps or VSCode then you're good to go. The exponential growth we saw in the 90's was driven as much by software demand as it was by hardware development.

I can see the next 10 years produce the same kind of push for larger machines that the 90's did. And we should probably expect the same kind of standards churn as our existing technologies for storage, memory, etc, don't scale up enough and new technologies become worth developing because there's demand for them.