I think cloud coding agents are useful, but they still face an adoption problem: most users optimize for immediacy, not maximum capability.
If a workflow needs account setup, billing, permissions, remote environments, or context handoff, many people drop before seeing the value.
Local tools usually win on trust, latency, and “open it and start now.” Cloud tools win when tasks are long-running, collaborative, or need scalable compute.
My guess is both models stay relevant, but the tools that remove the most friction will win.