[qu4ku]

But that is not what is going to happen. Jobs that can't be done remotely will be +/- constant — that's a simplification as there will be some second-order consequences like movements in real estate prices in both directions. Jobs that can be done remotely will become less lucrative [reasons above]. [There may be some second-order consequences like the unlocking of innovation, but that's speculative and hard to estimate economic impact here].

I have a personal, sad and rather extreme theory — anything that can be done remotely will be commoditized. But that's another story.