It's been tried multiple times and it just doesn't work. Physics (the speed of light) ultimately dictates latency. Streaming only works for a rather small subset of games that doesn't rely on reaction time or latency at all. And then only works for people who play those games a lot (you're not going to sub to a streaming game service if the majority of the games you want to play don't work on it). There's a reason Google Stadia died.