But you are ignoring the massive impacts of commuting, being stuck in crappy office buildings and forced to live in an overwhelmingly expensive and chaotic city have on performance. Having spent 17 years as a remote product manager, my anecdata is that eliminating those factors from my life led to dramatically higher performance, and more importantly, a work/life balance that didn't have me quietly resenting my state of employment for the required in-person depredations.