Companies that do this will be at a distinct advantage over companies that rely on informal, ad-hoc, in-person conversations. There are many companies that have been started during the pandemic that are remote first and have the process to back it up. I don't think in-person companies can compete between lack of access to talent, undocumented communication, office politics, employee stress and fatigue due to commuting, living in a high cost of living area and the previously mentioned politics...

I'd also say a lot of management is actually unneeded, which also comes to light in remote first companies.