After that moment I switched to consoles.
Of course that assumes we maintain open access to compute that we've enjoyed for the last half century, and I doubt that very much.
Stallman warned about the dangers of software being closed [0] 30 years ago, and the majority of modern IT industry just laugh a that sort of stuff because you can't make a billion dollar startup with that attitude, but I think the restrictions on owning the hardware at all will probably come first.
Although possible with cpu power, I dont think you will ever get enough ram in a watch to run a decent local LLM.
I also dont think the high ram requirements for running them will come down at all.