For a huge number of people, telecommuting is a phenomenal idea. I’m 3 times as productive in summer when I teach from home than at any other time. (I actually calculated this with a timer, so there is no poetic exaggeration here.)
And people who can’t accept that telecommuting is the future for many of us are simply too stuck in the past to understand that time does not stand still. Companies that hope to remain competitive will need to start abandoning the ridiculous “9-5 in the cubicle” model. With the technology currently available, the need to see people physically present in that cubicle is not grounded in any practical considerations. Productivity gets sacrificed to flatter the employer’s feeling that s/he understands the changing reality of the world. And this is simply bad business.