The people releasing public models aren't the ones doing this for profit. Mostly. I know OpenAI and DeepSeek both have. Guess I'll have to go look up who trained GLM, but I suspect the resources will always be there to push the technology forward at a slower pace. People will learn to do more with less resources and that's where the bulk of the gains will be made.

Edit: A Chinese university trained GLM. Which is the sort of place where I expect research will continue to be done.