Me neither. Considered we are talking about collaborative network applications, you are loosing the single-source-of-thruth (the server database) with the local first approach. And it just adds so much more complexity. Also, as your app grows, you probably end up to implement the business logic twice. On the server and locally. I really do not get it.
It’s difficult to ensure that it’s always the same logic when client and server software versions can get out of sync. You can try to force the client to reload whenever the server redeploys, but realistically you’ll probably end up dealing with cases where the client and server logic diverge.