If there was an AI model that ran locally on a PC for basic things and cloud sourced computer power for more complex tasks, all of these data centers would become obsolete in an instant. All of the invested capital and materials wasted in a flash.
Edit: lots of great counter points in the comments.
For the local on pc part yes, if you have a decent pc. That is why they want to forbid open source weights models.
For the crowdsourced part not really. You need fast communication between your nodes for this to work, and fast here means really fast. To the point where ram to gpu on the same machine is not fast enough, so network is out of the question here.