One detail that's often neglected in these discussions: while the remote work trend opens up companies to a larger supply of workers, it simultaneously opens up

One detail that's often neglected in these discussions: while the remote work trend opens up companies to a larger supply of workers, it simultaneously opens up the supply of jobs to the average applicant. Google has more applicants applying because they don't need to live in California, but the average applicant is also no longer limited to applying to jobs in the area they can live. The companies have a bigger pool of applicants, but the typical applicant now has more leverage because they're no longer geographically limited. In theory, this should lead to an equilibrium.