We could probably telecommute from LEO, but anything further out starts to become annoying if you need anything in real time.
There is excessive latency with satellite internet, which uses GEO satellites. However, satellite internet requires 4 hops. Telecommuting from GEO only requires 2 hops = half the latency. ~23,000 miles x 2 = 46,000 miles. 46,000 miles / 186,000 miles/second = 247 milliseconds of latency (about a quarter of a second).
There is excessive latency with satellite internet, which uses GEO satellites. However, satellite internet requires 4 hops. Telecommuting from GEO only requires 2 hops = half the latency. ~23,000 miles x 2 = 46,000 miles. 46,000 miles / 186,000 miles/second = 247 milliseconds of latency (about a quarter of a second).