Can edge computing replace cloud computing?

Is it feasible for edge computing to supplant cloud computing in the realm of technology? Are there specific scenarios where edge computing would be more advantageous than cloud computing, considering factors such as latency, data privacy, and cost-effectiveness? Or, could the two coexist and complement each other in a hybrid approach, offering the best of both worlds? We must delve into the nuances of these technologies to gain a clearer understanding of their respective strengths and limitations, and how they can be Leveraged to maximize efficiency and security in today's digital landscape.