> Right now, the vast majority of office jobs are bullshit jobs, because the director who holds the budget is incentivized to maximize headcount

This may have been briefly true during the Zero-Interest regime. The economy isn't doing so hot right now, outside of AI. If squeezed companies doing multiple rounds of layoffs keep those "bullshit jobs", maybe they are not bullshit. Perhaps coordinating people, and keeping up with bureaucratic demands like paying taxes, not breaking the law and growing the business requires warm bodies.

> What do the remaining 100% of unemployed people do? Start trading their skills for old-fashioned analog currency.

History books suggest a different outcome. Firing 100% of employees in a growth-based, consumer economy only works when you're the only one using that strategy. If a critical mass of companies do the same, then you're staring at a managed decline at best.