[cjbgkagh]

There seems to be some survivorship bias in the advice people are giving. I think it is very possible that we will never see that tight of a labor in tech ever again - even without AI.

On the economic side it's more difficult to control inflation than it was in previous downturns so there isn't the option of dropping interest rates to the floor. There isn't much room to lower reserve requirements for banks either. I think stimulus measures will be largely ineffectual and the inflation produced increasingly unpopular. So it looks like the pending recession will not have the cushioning that we've had in the past and may be longer and more painful as a result.