Virtual memory subsystems in operating systems of the last 40+ years pretty much do exactly that – they essentially emulate infinite RAM that spills over onto the external storage that backs it up.
Prosumer grade laptops are already easily available, and in 2-3 years there will be ones with 256-512 Gb as well, so… it is not entirely incoceivable that in 10-20 years (maybe more, maybe less) the Optane style memory is going to make a comeback and laptops/desktops will come with just memory, and the separation into RAM and external storage will finally cease to exist.
P.S. RAM has become so cheap and has reached such large capacity that the current generation of young engineers don't event know what a swap is, and why they might want to configure it.