In my opinion they are building the infrastructure for a fully automated surveillance society, for automated media manipulation, and to remove humans out of the kill chain in the military, while dismantling the rest of what remains of the middle class. We are going straight into high-tech dark ages / feudalism. Shadowrun and Cyberpunk, here we come.
Russia with its limited AI development seems to already have deployed fully automated killing machines (Powered by NVidias Jetson Orin module). The US aim for the same, and everyone else who doesn't want to become a vassal state will have to follow suite.
When i think of this future, the only picture my mind can produce is Black Mirror - Metalhead.
Edit: If used for these tasks, it's also not important if inference is something you can make money with. OpenAI, Anthropic and the Neoclouds are a grave for billions of dollars - but that doesn't matter if the rewards are non-monetary.