I think there are 3 distinctions that we need to identify here:
1. employee that works in the traditional office 2. employee/freelancer that works in the home-office 3. employee/freelancer that works in the cloud.
These are the distinctions that define the modern workforce. Whichever category you fall into, I believe that you still have to have a home-office of some sort - may that be a dedicated room, a corner, or just a desk in the living room.