There's still several orders of magnitude of improvement that are almost certainly left - it's just not clear how much is left on the frontier end.
Most people will be very glad to pay Anthropic, OpenAI, Google etc $200 a month to get things done 20x faster than they could IF they had a $8000 MacBook and could theoretically do it locally.
Some people would pay $200 a month forever not to have to open the terminal one time...