Re: depends on the use case
I am not convinced HDD prices will drop as fast
They won't, simply because the niche for hard drives is growing smaller by the year. A lot of R&D was being invested in hard drives when that was the one technology, and even when SSDs appeared there was plenty of money pouring into hard drive development when they were still a cheaper alternative for low end PCs.
We're now at the point where it really doesn't make financial sense to use hard drives even in the lowest end PCs. Some may still do but that would likely be the OEMs having old stock of hard drives or opportunistically buying someone else's old stock for pennies on the dollar, so none of that would be new money flowing into the coffers of Seagate, etc.
So now their ONLY market is bulk storage of data at lower prices per bit than SSDs. How much longer will Seagate deem it worthy to keep developing HAMR technology to allow these future 100 TB drives? At some point they will probably say "this future R&D isn't going to pay off, let's just optimize the tech we have now and try to drive down the manufacturing cost" and future capacity increases will slow a crawl or possibly even revert if that's the tradeoff they get for significantly lowering manufacturing cost. I would bet heavily against ever seeing 100 TB or even 60 TB hard drives. I think the beancounters stop the R&D money long before they get there.
Once they've squeezed everything they can out of their manufacturing cost it'll no longer be a moving target for SSDs, and once SSDs get to say 2x the hard drive per bit cost then they probably announce a last order date a year out and that's the end of the hard drive.