If RAM prices ever come down, you can have a machine that can run a capable local model.
Qwen 2.5 72B is surprisingly capable, almost on par with GPT-4o if not a little better. You can run it on a 128GB Mac Studio with 8-bit quantization. You need about 77GB for the weights and ~15GB for your context window & cache.
Pricing remains to be seen, but there's also those new nvidia laptops coming out the surface laptop ultra should have 128GB RAM w/ Blackwell GPU, they're saying 1 petaflop of AI compute, if you can tolerate Windows (no idea if it'll boot Linux until the hardware is out).
These models are roughly ~1 year or less behind the frontier models. We really just need hardware to catch up and alleviate the price pressure on RAM.