Tech companies are extremely motivated to have people working in person in their Bay Area offices. That's why you see the extraordinary numbers that you do on levels.fyi along with the insistence on RTO. But no matter how high they get, these numbers will never meet highly capable Americans' lifestyle demands, because the Bay Area doesn't have and will never build the housing or commuting infrastructure to support them in that quantity. Wage gains go straight into real estate.

The question is, if tech companies can't have their Bay Area offices filled with the caliber of people they want (who will accept being forever-renters or super-commuters), will they relent on US remote / small sites, or will they instead try to shift their trillion-dollar Bay Area office cultures to their Bangalore sites? My money's on the latter.