I wish HN would split into two "subreddits", /r/HN and /r/AI

>There is a certain wildness in the tech industry these days that both mimics previous eras of large changes, like cloud computing (runaway costs in the early days), and is like nothing we’ve ever seen before (record revenues accompanied by mass layoffs)

if it is perceived that there is a big "winner takes all" pot of gold for the "winner" of a new market, investors are willing to gamble to try to win. If they fail, it is rich people losing money by giving jobs to many people along the way, so the population here who wants nothing more than taxing the rich, why they should embrace that.

When agriculture was invented, there were mass layoffs of hunters and gatherers. and the same with buggy whips when cars were invented. Yes, life has some bumps but it's unavoidable and adapting to it is for the long term good. Structure your life around family and friends and don't overextend yourself (too much house, too much car) and you will be fine.