I applaud Microsoft and Google for not going with a full RTO. But hybrid work still requires you to live near an office. True remote work enables an economy that is spread out, resilient, and lets people live the way they want. We have this capability so why not do it?
Not as close as a daily commute, though.
I live 60 miles from my office. It's just not practical to go in every day, so I go in once a week. I can also go in as needed, such as if there's a special guest, event, ect.
I wish I could go in every day, but where I live is a compromise with my wife, and we have kids.
If I were to go in everyday, I'd need to be much, much closer to the office. It wouldn't work for my family: Single incomes don't work very well near my office.