The Winners of Remote Work don't live in the United States. The pandemic has accelerated globalization.
Only if you consider Remote Global Work. As a European, it is very disheartening to see how many companies espouse "we are now embracing remote work company-wide", which on closer inspection means "California hours +-2h time difference".
Another comment pointed out that shared time zone "remote working mercilessly exposes some of the flaws in the organization." (https://news.ycombinator.com/item?id=28369657)
I'll add that global/fully async remote work is even more merciless, especially on Agile figuring-it-out-as-we-go-along orgs. Communication has to be written and clear enough to avoid back-and-forth, changes are possible on the order of a day, not an hour so planning ahead and evaluating critical paths is more important, and everyone has to be able to pick up and put down work that's become blocked by someone on the other side of the planet. It's a tall order, but I'd like to think that the benefits are worth it for both individual and company.