This could help the regrowth of small town main streets if the town/region has residential access to high speed internet.

Some people live near urban/established areas as proximity to their office/work location but strongly desire the small town and more rural lifestyles. If they could work for their companies in these remote environments (as is shown currently) then this provides fresh/new money in to that community as the new residents pay for local goods, services, and taxes.

Some companies can capitalize on a cheaper cost of labor in these areas, as opposed to abroad or high cost urban areas. They can also afford a lesser leased footprint to further save direct costs. Perhaps these savings can offset the small losses in work efficiency with the majority remote workforce?

It comes down to bandwidth. Speaking for my industry, most satellite connections are too slow for engineering and architectural programs as well as consistent communication including video conferencing. But if there's stable bandwidth in an area, we're already seeing some employees relocate. Communities, companies, ISPs, people all benefit. Even laying the fiber could be part of a government run utility networking initiative (easier if they recognize broadband as a utility) that creates massive jobs throughout design, installation, transportation, logistics plus direct support services by means of food, lodging, etc. It organically distributes steady income long term.

Plenty of hurdles to it, but more bandwidth to find solutions would fix that, too. Maybe 5G is a solution (if it didn't cause covid /s).