Yes, but you're raising the child to become an adult human with all the intelligence and social skills to go with that and the dog will just grow up to be...a dog.
You see the key word, nobody in your family gave birth to it did they?
It doesn't matter how you dress it up, it's a PET, nothing more, even if it does love you back.
There's not much more annoying than going round to someone's house and having their dog forced upon you because it's "only...