From first principles, the value gained from paying top dollar for SF based engineers is their talent and their being in the environment of SF -- the tech capit

From first principles, the value gained from paying top dollar for SF based engineers is their talent and their being in the environment of SF -- the tech capital of the world. If everyone is working remote, then the environment aspect of the deal disappears and all that's left is talent correlating with salary. Based on this assumption, I think it's actually more likely that the Staff level engineer at Twitter who moved to Kentucky for a lower cost of living will still be making the same range of salary and the SWE 1 in SF would make significantly less.