That's certainly one way to look at it. But the truth is companies will come back to the office. Not as many people! And it will be different. But they need it...

Ideas are crucial to a company’s growth (now more than ever), and it’s hard to find a replacement for the number of ideas birthed from collaboration. One of the great things about the office is that it’s basically Murphy’s Law in action, ideas forming from happy accidents and collisions between people from different backgrounds and perspectives.

https://cal-axe.medium.com/how-to-sell-office-space-when-the-world-works-from-home-7185d09dc426

Zoom enables us to communicate across distances more effectively than email, text, and phone calls, but virtual meetings eliminate the possibility of spontaneous run-ins that so many times lead to creation.