A decade ago, you would find that tech people on HN and elsewhere considered themselves an exception to the forces that were declining real wages and living conditions. People would unironically say "you should've got a CS degree". Even if it were true, it's pretty useless advice because not everyone can do that. And even if they did, the unemployment rate for CS people would be even more extreme than it is right now.

What tech people are discovering now (some of them at least) is that they have more in common with the trash man than they do with Jeff Bezos. Many, particularly on HN, viewed themselves as temporary embarrassed billionaires (to borrow the arguably misattributed Steinbeck quote). So they sought to preserve a system that they ultimately thought would benefit them and they were only one exit away from that reality.

This is a rude shock for many. For some, it'll be the beginning of class consciousness. Hopefully society doesn't completely unravel before the pendulum swings the other way.