Considering the cost, at least in a vacuum, is a few hours of my time setting up a local model to run on a gpu I already had (pretty pixels make me go "Ooooooo Aaaaaahhh") vs 8+ hours of reading a manual for an appliance I'm going to configure once; I'd say it's objectively a productive tool in it's current capacity. If you mean to say productive for society I've no clue, and I think there's far too many variables for any person to reasonably know.
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