Technology
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I don’t think it will be that cut and dry.
A huge number of tech companies are still and/or will always be fully remote.
Over time, the big pay checks that Meta and Google and Apple are offering will be overshadowed by the possibilities of remote work done right (as opposed to simply working as you are in the office but from home).
There are lots of smart, talented folks out there willing to take a pay cut to gain back the time that office culture can waste, commuting first of all.
Sure there are challenges to the sense of togetherness that can help build great teams, but plenty of remote-only organizations make the time and space to foster that appropriately.
Ultimately, I think we’ll find that the eventual competitors to the MAANG-like behemoths emerge out of smart, well designed, remote-first organizations. Though I think Netflix is largely remote - at least for the engineers I know who work there.