Oh yeah I definitely expect savings to be passed to consumers, like with all the tax cuts and deregulation we’ve been doing for decades.
The only “disinflation” consumers have experienced is devaluation of products through obsolescence as newer, often more expensive alternatives enter the market.
I'm pretty cynical about the outcomes of capitalism in general. But I can buy a new 10TB HD for $300. Or a gigabit internet connection for $100/mo. Think back 10 or 20 years. How is this not a radical price-per-bit decrease for consumers?