AI future is clearly local, and my recent pitch has been "infinite tokens." Because that's what my M1 MBP can do; and that's what my RTX3090 can do. I don't need to pay hundreds of dollars a month and no one else does either.
The AI future will be clearly... what it will be. Probably bouncing back and forth from local to centralized. However, if there are money to be made by selling things that people run locally, it seems that centralizing creates more power and hence more money.
It doesn't matter how good the model is if it doesn't have context from data sources.