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> Remote work requires higher seniority

I wouldn't say that, it just requires better juniors.

You can't do as much hand holding remotely but remote mentoring is definitely possible. But it requires employees that have above average communication skills and an ability to debug and investigate themselves.

These abilities aren't cheap but pretty much required to pass a serious Engineering/CS program. The difference is just night and day.

> Things which were solvable in office by going to someones desk are now in need of coordinating some meetings

Or a well written email.

> Stupid things like drawing something on whiteboard is impossible.

It just works on my iPad.