The reality is closer to neither party delivering on promises, the growth of independents, and people picking something different each cycle, in the hope that maybe this new person will finally keep their word.
It's hard to think of anything better than data centers financed by big tech profits, profits that previously just went to buying back shares.
Even if it all crashes, we all get cheap tokens and GPUs and memory, which will jump start more innovation.
PS. This is my non-political opinion.