> It will be like the rest of computing, some things will move to the edge and others stay on the cloud.

It will become like cloud computing - some people will have a cloud bill of $10k/m to host their apps, other people would run their app on a $15/m VPS.

Yes, the cost discrepancy will be as big as the current one we see in cloud services.

I think the long term will depends on the legal/rent-seeking side.

Imagine having the hardware capacity to run things locally, but not the necessary compliance infrastructure to ensure that you aren't committing a felony under the Copyright Technofeudalism Act of 2030.