I'd like to think that this will remove people from an office enviroment and allow people to work from home more.
This is probably a bit much for most people, but is there really a need for you to sit at a desk in an office when you can do the same thing at home? Real time communications (via video) allow for instant communication between employees, and you can easily add someone to the conversation.
The implications of something like this are actually quite big. A change to the 9-5 grind (for better or worse will depend on how it's implemented).
The impact of this could be significant when you think of all of the things the 9-5 encompasses, for example, getting stuck in traffic at 8:30am.