This is one of the great paradoxes to me. The knowledge economy would seem to the one sector that could entirely function on remote work. Instead, workers are concentrated in a few cities (SF, Silicon Valley, NYC, Seattle) and drive up the housing costs and prices in general exacerbating inequality. The average non-tech worker in these cities has trouble with housing and daycare due to these tech workers driving up the costs.
One of the best way tech companies could address inequality would be to foster a culture of remote work. This would ease up on the housing crisis. Well paid tech workers could go to other parts of the country/world where they would be a benefit to the local economy and culture instead of a harm because they would be spread out.