Whatever happenned to Telepresence?

I remember back in 2013 when my company used to train me for Cisco Telepresence and I thought the idea would have caught up by now.

At first I thought it was waaay too complicated and expensive, but once I have seen the online training by Cisco, I understood what they were selling.

For those who do not know the difference between Telepresence and other videoconferencing solutions, including Zoom, Skype, Teams, etc, Telepresence makes you feel like the other person is in the room with you. The way they do it is that they enforce ALL the rooms in the entire world to have the same size, color and guaranteed dedicated bandwidth, with the cameras and chairs being on the same height and distance. This gives you, and the remote office a realistic size of you, making you feel they are present in the same office (since lighting, desks, chairs and color are the same). However, the real rival of Telepresence is NOT videoconference; it is airlines and hotels. This is because it would have replaced CxO meetings with crystal clear remote sessions, which would save you thousands every time someone needed to visit a regional office in another continent.

There were/are Telepresence offices for rent now in hotels that allow you to dial to your destination. However, I have not seen anyone deploy or use Telepresence the last 7 years and I struggle to see why that is the case.