Taking the slider to the other extreme, you end up with company towns everywhere, and there are a whole lot of burned out husks of civilization that are memories to that.

Until we truly solve remote, there will be some concentration. And there's value to that as an employee. If your employer goes kaput, or you're stagnating in your career, or you have an abusive boss, there are plenty of opportunities available, and enough of them that one shock to the system won't break the local economy.

Of course, the flip side of that is that real estate values go through the roof.