No, it won't. It will cause more of the supply to be reallocated away from consumers into enterprise, and that is exactly what the big tech companies want to see happen.
Having access to a computer and phone is as much of a necessity to survive in modern society as internet is. When personal computing is unaffordable to the point where subscription computing is a good enough "deal" for consumers to jump on, the ball will start rolling towards the inevitable price squeeze that we have no choice but to accept.
