It makes sense. Smart devices from our pockets get geared up with more and more sensors. In parallel, the Internet of Things herald a new tsunami of data. This won't fit all in the netwrok bandwidth on the way up to the cloud and it would not be intelligent to push it that way either. On the other hand, the natural push would be to make the smart devices really smarter.
What would make a device smarter if not extra intelligence at a reasonable cost? A reasonable cost meaning also a reasonable power consumption.
Is AI the way to go? What neural network architecture/solutions will make this happen? What would be the HW - SW breakdown to minimize latency but provide as much intelligence as possible to cloud? Is this a new era for data mining too?
In the end I like this parallel to human brain: "Latency is also an issue for the human brain, where distributed processing powers our reflexes without involving the frontal cortex." Yet another dot connected! How many dots left to connect until we replicate the human brain? How about a uber-cloud overseeing other brains replicas 'socializing" with their data?