Seconded, though from a different angle. In my experience, it's surprisingly hard to live frugally when you don't have a job; my spending actually went up at first because I had all of this free time for activities I didn't have before. Started doing more hobbies, going for trips around town, generally participated in the economy more than I could when 8 hours of my day were spoken for. What I thought was a year of runway was probably closer to 3-6 months.
replyMy solution was getting a part-time job (non tech) but also had to significantly change my spending habits which was not easy.
On the other end, I live very frugally and when I spent six months without work I calculated how much my savings would last with my no job level of spending and it was 21 years. So anyone who wants to learn to live frugally would be wise to start doing so while still working, because that's when it's the easiest.
replyIt's very possible in 2 or 3 years there won't be much of a job market remaining and the best thing you can do now is something you own.
replyI imagine politically it will be like during the pandemic. The government goes full socialist to prevent riots and revolution -- they are going to print lots of money. It is going to be chaotic period. It is already starting and the best thing people can do is make sure they are employed, developing skills, and not spending savings. You want to make it to the other side of this.
replyI have a very niche set of skills so I could up until 6 months ago pick up contract work anytime I needed. Despite being one of the best in the world at what I did, I can't compete anyone with $400 in tokens using Codex or Claude Code. I'm pivoting quickly but the sentiment is "Oh, shit, this is coming fast and heavy!"