Ideal Local model technically possible?

Now that we have some great local models that can possibly run in mid-tier GPUs. it makes me question, maybe companies have the capability to make much better models that are as small? Like, I am imagining a model that is as good as coding like Qwen3.6 27b and at the same time as good as Gemma 4 12b at languages and other stuff, at just say 30-32b dense. It doesn't theoretically sound insane at this point, maybe in the future we will have models that good? Another thought- maybe cloud models aren't AS big as we presumed now, and companies are just hiding their best architectures.