I'm old enough to remember a time when MSFT got in a bit of trouble for anticompetitive behavior. This post has some reasonable-seeming explanations for the observed GPT-4 degradation other than explicit anticompetitive coordination between MSFT and OpenAI, but given their interests (MSFT: to get people to use bing and get access to as much private code as possible, OpenAI: to get paid), I suspect those reasonable explanations are in service of reducing competition.
I could give bing a try, and I don't have any valuable private code (well, valuable-to-MSFT code), but I would like to play with running big models locally, so I guess I'll take this as motivation to pony up on a 40GB+ VRAM GPU.