There is no inherent advantage to "working in person." Lower trust or communication or higher friction are not inherent to working remotely, they are the product of poor and overconfident management (at least in tech, given our forum here) and can be seen in any number of environments. You can replace "working in person" with various other specious truisms like "having an organized workspace" or "having weekly status meetings" or "using agile methodologies" and the two sentences above will be likewise banal and true only in specific instances.

Most technology work can be done remotely, and I'd argue should be done both remotely and asynchronously (many companies recently forced to do the remote piece are still are holding dearly to 9-5 and constant meetings), unless there are specific use cases that require more in person synchronous efforts (and to be sure this is the case in some cases, especially when specific hardware must be used for instance). The perception that there is something "better" about 9-5 in-office work is more a product of tradition and resistant over-management than inherent advantages to either setup.