The truth is that every company would care first for its business before its workers, their idea is to do what's best for business before "what's best for employees". 9-5 still remains the most popular jobs around, though most of them try to add a little flexibility to things by adding hybrid roles, but it has not done too much to ease the stress.
In my country, people work long hours everyday and earn so little, the situation is pitiful, though it has forced people to "mind their own business", and by that i mean working 9-5, but also creating something for themselves, it could be an impressive asset column or buying properties, etc, so you ensure you don't work until everything is sapped out of you.
Exactly. Most employers are greedy (and cheap), so they will exploit employees to make them work harder without any substantial increase in the wage/salary. That's what we call a "burnout". And the situation is even worse in a physical setting. Telework (aka remote work) is more flexible. It's why many consider it to be the future of labor.
With technological advancements such as AI and Blockchain, employees will be able to achieve greater work/life balance. Hopefully, wages increase at the same pace as inflation to help keep the economy healthy for generations.