My guess is that the current market conditions will accelerate the market toward whatever the new normal will be. Companies that hated having to give into demands for remote work will use this as leverage to get people back into the office. Companies that were going to look at remote work as a way to save costs (either by hiring from cheaper regions, saving on real estate costs, or both) will be pushed into those decisions sooner, and companies that were remote first, or on a path to it, in order to get the best talent will be pushed to improving their remote work processes so they can be as efficient as possible.
I’m not going to try to make a bet on where the lines will get drawn between remote and in person, but I expect hybrid work will become less common since it often ends up being then worst of all worlds (you pay for office space, limit your hiring pool, and decrease worker efficiency by encouraging repeated Covid exposure leading to both more short term leave due to sick employees and less effective employees in the long run due to long Covid, but you still have many of the organizational, communication and infrastructure challenges of a remote team)