Oh I agree, but if attendance is a performance metric then the work going on doesn't need an expensive white collar management infrastructure, which I think is part of Dr Burry's point (even though the article is referencing cooked studies about WFH productivity loss and couching the reference in weasel language).
You seem fairly resolute that knowing if someone has their butt on their seat is useful, but I would invite you to try finding some other metrics that actually measure output, and try rewarding people for performing highly on those metrics. I can tell you, I've seen countless unproductive hours wasted with butts firmly on seats. It's not a good measure of productivity.
Jim is a hard worker, always first in the door and last out at night. - if only you were as committed as Jim, instead of being 2x plan, you would be 4x plan.
Jim sits and watches cat videos on youtube all day - is 0x plan, and will be promoted to being your boss next year.
