Could a bot-free AI note taker run locally with current models?

I’ve been thinking about whether a bot-free AI note taker could realistically run in a mostly local setup. Right now I use Bluedot for meetings because it records quietly and generates transcripts and summaries afterward without adding a bot to the call. It works well, but it’s obviously a cloud workflow. What I’m curious about is how close we are to replicating something similar locally. In theory the pipeline seems straightforward: local transcription, an LLM for summarization, and maybe structured extraction for action items. But meetings tend to get messy fast.