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Image generation can also be somewhat useful for language learning if you want to make a very specific illustration for a flashcard or include some mnemonics in the image. It's not useless, but the path to profitability for LLMs is not very good.
For sure, I expect that the most likely outcome is that LLMs will be something you run locally going forward unless you have very specific needs for a very large model. On the one hand, the technology itself is constantly getting better and more efficient, and on the other we have hardware improving and getting faster. You can already run a full blown DeepSeek on a Mac studio for 8k or so. It's a lot of money, but it's definitely in the consumer realm. In a few years the cost will likely drop enough that any laptop will be able to run these kinds of models.