People only look at it from the employer's side. The employee, if they can manage themselves and not become anti-social, receives a huge increase in the quality of life.
Making appointments for the doctor, court, etc. don't require a sick day, you have more time in your life from a lack of commute (for a 30 minute commute, that's 5 hours/wk), you can schedule around your most productive hours, (later in the day for me), you can be tasked based such that if you finish all your work in 32 hours, you don't have to put in time just cause, you can exercise or go for a run during the day (many can't because of lack of shower facilities or a strict 1 hr lunch), you can eat home cooked meals without having to cook a huge serving that will last you the week and you can take a nap if you feel sleepy after lunch without worrying about optics, you don't have to be in at some specific time if you've had a hard time sleeping the night before,. I don't ever feel rushed in the morning and always eat breakfast followed by a meditation.
I find mind mapping software superior to whiteboarding when collaboration in my case because my own sketches and handwriting are nearly indecipherable to anyone but me. Also, for work I find tools like slack to be more useful because they are async, not ruining my flow and messages can be very information dense with links, images, etc.
I'm much, much more productive at home. I communicate well via slack/phone/Facetime. Also, junior devs will craft their questions in a coherent manner. In doing so, they've found that when they formally present their questions, they can often solve it on their own, making them better devs. I often only work 32-35 hrs/wk, yet I am more productive. This extra time allows me to do more self-learning. Before, the lat thing I'd want to do after driving home is deal with more code. Even if I have to work 10-15 hours more per week, it's less stressful than dealing with coming home from the office at 8pm, exhausted and not wanting to cook so I would eat unhealthy, expensive takeout food and watch some mind-numbing TV.
Most importantly I have more time and opportunities to see the people who really matter in my life...my significant other, my friends, my niece, etc. (this was the norm before the industrial revolution.)