Small focused (local) model + tooling is the future, not online LLMs with monthly costs. Your coding model doesn't need all of the information in the world built in, it needs to know code and have tools available to get any information it needs to complete its tasks. We have treesitter, MCPs, LSPs, etc - use them.

The problem is that all the billions (trillions?) of VC money go to the online models because they're printing money at this point.

There's no money to be made in creating models people can run locally for free.