No.
GPUs and CPUs are inherently different (GPU is parallel, CPU is serial); if you made the GPU do all the work it would be very inefficiant and you'd need way more GPU power than any sane person would want to deal with.
Really, the level of multi-tasking that you're doing is one of the few cases where a 4-thread CPU really is not enough.
Thank you for the prompt response. I had an idea that wasn't going to be the case. I was just wondering if SVP had a feature that would prioritize GPU rendering over CPU therefore freeing up the workload. I had this feature available to me on OBS (a streaming application for Twitch) where I can use CUDA drivers to encode in using the NVENC codec freeing up my CPU for other task. But now that I have a Radeon card, I can no longer monopolize on that feature. Anywho, I'm just ranting on now. I guess I'll just have to make due with what I have for the time being.
Thanks once again Nintendo Maniac 64