I believe that @Seth lays it out well. Adaptability is a fundamental requirement for the survival of businesses wishing to remain relevant, especially on the backdrop of COVID-19. The same goes for employees and their skill set.
Looking at it from the point of view of the workforce, I believe that a transition to a decentralised or remote-first workplace would represent a full-fledged social liberation.
People could find employment all around the world from all around the world as long as their internet connection is sturdy. There are substantial physical and mental health benefits to be had. Imagine commute-less mornings and evenings (yes!). Think about all the extra time to sleep (or the much-needed after-lunch power naps bliss).
Productivity and life satisfaction ought to increase proportionally.
I assume that drawing a line between life and work may prove cumbersome in some instances, but with a reasonable amount of discipline and emotional intelligence that should not interfere with overall performance and happiness.
People are the key assets of most businesses out there. They “come and go” through the door each day (metaphorically so while remote working). So profits will follow thereafter in businesses that embrace a people-first culture.