My favorite bit is that companies - who are on supposedly universally seething with unadulterated greed, mind you, are now somehow uninterested in the $millions per year they could save on commercial real estate letting people work from home, using their own kitchens and offices (for free) rather than the $140 persqft downtown office space?
And this is because, let me see, they somehow get off on flexing on the peons who (supposedly) are just as effective from home?
Maybe roll through that narrative in your head again, see if it makes sense this time:
- allegedly workers are really JUST AS EFFECTIVE from home (according to them)
- they could work entirely from home, easily saving businesses $millions/year
- and yet the pointy-heads don't want this just so ... they can wander around the office with a stale cup of coffee, ogle the secretary's tits, and force the peons to genuflect?
Of course. Makes perfect sense.
This conflict is real, but it doesn't make the problem fake. What you didn't account for is that unadulterated greed is not perfectly smart and rational greed: PHBs are real, and they don't take perfectly rational paths to what they see as maximizing profits. See how they try to replace workers with LLMs to disastrous results for one quick example from recent history. Likely the biggest irrational factor is that they've spent a lot of money on flashy corporate real estate that feeds their egos as a status symbol, with a fancy corner office inside that compounds the effect. Trading this in for a home office that looks no different from any working-class employee's dingy improvised office space once the fake video backgrounds are applied would be soul-crushing to them. The people who seek executive positions also seek prestige and the trappings of power, and most of them wouldn't trade that in for more extra money that does nothing to make them feel powerful or prestigious during working hours. Their judgment is also clouded by the conflict between personal and corporate profits, and most of these people are invested heavily in real estate that will depreciate if a bunch of companies stop owning buildings that they only use for 8-10 hours a day, to say nothing of any fossil fuel or automotive investments they may have.
So your last point was on the right track, if underselling what they're getting out of this. Parking their supercar in the corporate HQ's reserved executive parking spaces and strutting around the corner office with a cup of coffee made to their exact specifications by an overworked assistant and ogling the tits of the secretary they personally selected for looking the most bangable is indeed worth a lot to them, and few have the willpower to deny themselves these more tangible pleasures to become the obscure head honcho of a more profitable company's Slack channels.