I could definitely see this becoming more common. Powering the ~100 watts of fixed lighting spread across my whole house on ten different 15A 120v circuits, each with their own arcfault breaker and 12 gauge copper electrical lines running back to the panel is fabulously expensive for what could be done with a bunch of CAT5 in each floor running to some conveniently located “POE injector” type devices.
You would want to be able to take a standard fixture and just push DC through it and use special bulbs with a standard A19 base, but that’s problematic when the next owner tries to screw in a standard bulb - what happens when it sees 48V DC?
I would guess if for safety reasons it has to be a non-A19 connector, then your light fixture choices get cut down to almost nothing and no one will make the switch?
It’s really interesting to think about, most everything I’m plugging into AC outlets in my house, the first step is converting it to DC. A lot of my outlets I’ve switched to include USB ports so I don’t need the wall warts. If you have solar and battery backup even more-so you start to question why we are wasting so much money moving everything back and forth between DC/AC/DC within a house.
Either it lights up or not? I don't see a problem here.
But I'm not sure moving part of power supply elsewhere will help that much, it needs current driver electronics anyway.
If by "standard" you mean a incandescent tungsten filament bulb, nothing at all.
For a true LED driver power supply, it would be constant current, so the tungsten filament would see 25mA (or whatever the constant current is set for) of DC, and nothing bad would happen (the filament also would not likely illuminate either).
Screwing in an LED bulb with integrated power supply, the external supply will still feed the constant current value, so what happens depends upon the design of the LED bulb's integrated power supply. If 25mA is enough to drive everything, the LED bulb might light up. If 25mA is not enough to drive everything, most likely nothing lights up.
For constant current, you'd need to drive at least 9 watts so it would be more like 250mA if not higher.
A 1600 lumen LED module might take as much or more current than a 60w incandescent. If your constant current supply can output between 0 volts and input volts, and it's set for an LED like that, it would be able to power an incandescent bulb.
(Of course, they’re quite hot and radiative cooling increases like T^4, so this isn’t necessarily a show stopper. But it’s probably not helpful.)
USB-C PD is at a useful voltage & wattage level, and so is Ethernet POE. I wouldn't be surprised to see them start to be used for general power distribution in niche applications, like RV's and off-grid cabins.
I don't think we're going to ever get a bulb standard, though.