Given that, it does mean that households will no longer be an easy place for the kids to learn some of these other tools which require local CPU/RAM/storage to run but how widespread is that even. Lots of middle and high school kids have their own laptops from what I've seen.
The business sector will continue with desktops and laptops but in some cases might go with lower end models with many tasks operating from their own cloud apps. Not a complete elimination or even close IMO.
What I do see is more schools using Chromebooks and more interest and usage of Linux.
So yes, Bill Gates' idea of many Windows PCs in homes is fading quickly. And good riddance to that IMO
Also, wow to how many Mac laptops I'm seeing in the geek community. Just wow.