Not an expert but in general that's usually not how tech works. It generally gets commodified and cheaper : TVs, mobile phones, computers etc etc. They're either becoming cheaper or you get a way better product for the same price (think of today's TVs that make the 80s tvs look like something from the middle ages).
Yes Google in the initial decade will possibly have a big head start but in the end Tesla and a bunch of Chinese names will also run robo taxis in the U.S.
So my take: efficiency and competition should bring prices down in a non broken economy.
Its complex. Cell phone plans became way cheaper in my country than 20 years ago, they used to be shockingly expensive. People old enough will remember SMS weren't cheap and a single minute of call was shockingly expensive.
I'd same similar thing happened with the internet, you can now get a basic plan for cheaper than 20 years ago. Is it as cheap as it should be? Probably not.
It's interesting this hasn't happened with cable I somewhat agree with you there. However you have alternatives that are just as good like Netflix and cost 20 bucks or less if you can live with ads.
Agreed, I think it's a mistake to treat "cable" as the entire product category here. It's a (dying) subset of the product category, not the whole category. Like internet and cellular service, SOTA television content as a whole hasn't ever really been cheaper than it is today.