As I posted elsewhere in the thread:

If I don't misunderstand things, and we are talking streaming everything to a thin client, then this:
I think It's terrible for consumers, especially long term, but there are short-term shinies which you wouldn't have to deal with yourself (which you totally could of course)

Cheap Chromebook-like Laptops, but can run Video Games, Video Encodings, Finite Element Analyses, Computational Fluid Dynamics etc no problem. “Your” PC can be accessible from your phone in a Pinch. You open a weird Link and got a Virus? No problem, just roll back your “PC” Your home floods/burns down? All the images from your children are still safe. Never being bothered by needing a hardware upgrade.