face-to-face interaction will always be king, even if you're hopping jobs like hot cakes every two years.
I think you'll find no one to dispute this, least of all me. The bigger problem is the nature of "work" has been so deprecated that face-to-face communication is a productivity suck.
The last real "job" I had, I was "key man" on $23m worth of contracts, roughly 60% of the work we did. There were only about 250 people there. I interacted directly with the CEO exactly once, and despite the fact that he lived a 20 minute drive away, was only in the office a couple times a week.
That was 2006.