Is technology making location irrelevant?

I think there's little doubt that technology - particularly software is changing how we interact and organize (Wired). I'm a bit skeptical that location will be irrelevant but it's difficult to argue that it won't be considerably less so:

Technology is thus enabling arbitrary numbers of people from around the world to assemble in remote locations, without interrupting their ability to work or communicate with existing networks. In this sense, the future of technology is not really location-based apps; it is about making location completely unimportant.