I think if you look at it at just the surface level it does seem like a step backwards. In really there's a reason so many companies switched to it, it wasn't because they're secret operatives trying to plug us up to nutritus-3000 to maximize our LOC, it's because of reduced friction for the worker.
I think a lot of people forget about terrible managers as well, with WFH the surface area of harm a bad manager can cause you is limited which can immediately make a terrible office job into a tolerable remote one.