Yes - but even then... it's not really true unless your site is completely static resources.

If you're pushing a blog out - Great!

If you're pushing out anything that relies on application state... much less great.

At best, you then end up in a world of trouble dealing with eventually consistent data, sharding/tenanting, CRDTs, "edge" KV stores (that are really just hiding the eventually consistent nature from you) and all sorts of other trade offs.

If I'm directly collaborating with some half way around the globe in a web application - there is literally no magic way to wave a wand and make that latency go away.