Why do you say that? It's quite easy to see that the person on the other end isn't making eye contact, even when they think they are, looking straight in your eyes. To me, it seems like they are looking at my tits or something. It matters quite a lot. Also, FPS and resolution.
There's a long, long way to go before video conferencing feels more like an actual face-to-face conversation, and it hasn't really changed much in the past 10 years.
I mean, the main complaint against remote work seems to be that there's still no substitute for an actual face-to-face conversation. That IS a tech problem that CAN be solved with tech. The current tech is woefully inadequate.