History shows it's a self-defeating victory. If one provider were to "win" and stop innovating, they'll become ripe for disruption by the likes of Deepseek, and the second someone like that has a better model, I'll switch.
Nothing lasts forever, not even empires. This doesn't mean that tech monopoly is any better than any other monopoly. They're all detrimental to society.
Eh, and if you're in the US the 'big guys' will have their favorite paid off politician put in a law that use of Chinese models is illegal or whatever.