One model of a high-productivity firm of the future will be a distributed one, where many or nearly all employees are based in separate towns, cities, states and even countries. This type of firm is able to use technology to most efficiently source talent regardless of location and route tasks throughout the organization, leaving geo-constrained firms at a permanent competitive disadvantage.
I could quote much more of this article. Here’s Blair on Distributed vs Remote:
I find remote is used by teams that have mainly centralized offices with some non-central teams.