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One consequence has been lower power requirement for local machines. This is partly why a 2015 MacBook is still perfectly serviceable for basic use in this day and age.

The AI boom first reversed the trend, to now try to get back to that cycle.

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People long ago stopped buying computers and started using Saas on their mobile devices instead. Ask HP.
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HP was making shit laptops that barely worked a decade before SaaS was a known acronym.
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Sure but businesses bought them and people bought them. Their quality is beside the point.
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People keep saying that but I have never met anyone who doesn't own a PC or laptop.
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I know youngsters who dont even have an email address. Though, this may change if they have to enter the workforce.

Lot of people using their office-notebooks at home, even if its not allowed. Most people out of tech do not have big hardware at home anymore.

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Do you work in tech by chance? I work in an entirely non-technical field (to the point we barely use email), and I have several coworkers whose only “computer” is their phone or a tablet.
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A smartphone is the main / only 'computer' for a lot more people than you think.

This is complete conjecture on my part, but I bet if you're late 20s - early 40s, you probably have some form of pc/laptop laying around. But people 50+ (gen x / gen boomer), a phone is likely all you use or own. My mother, aunt, et. al operate totally through their phones. The same is true for my pre-teen, teenage cousins or cousins children (ipad generation).

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