I agree so much with this. I easily lost millions in compensation 2011-2017 by listening to the permabears and being unnecessarily risk-averse. So the theory went, surely the recovery from 2008 was incomplete/fake/etc. and we were moments from the next Great Depression.
I'm going to let you (all) in on a little, poorly-kept secret, also known as "software will eat the world": The expansion of the software economy is so interminably white hot that macroeconomic downturns are as significant as a buzzing fly. Another one, "Remote work will cause everything to get outsourced". No it won't. There's so much software to be written we can't comprehend it. One could say that humanity has 1% of the programming capacity it needs, and still be wrong because the nature of software makes this without solution.
> White collar workers likely needn't worry, though.
Have to disagree with this one, everyone who can't escape sunlight and likes to go outside at all is affected. People in the American southwest from all walks of life age shockingly faster (in appearance) than their northern state counterparts. I'd meet women who were 25 and looked 35 (by northern expectations), and it only accelerates from there (35 looking like 50, 50 looking like 70).
That's certainly a thought from a brain. I'll hazard that parent's chess knowledge extends to "how the pieces move", possibly Scholar's Mate and its basic refutation (kidding, parent just read about Scholar's Mate on Wikipedia).
I'm going to let you (all) in on a little, poorly-kept secret, also known as "software will eat the world": The expansion of the software economy is so interminably white hot that macroeconomic downturns are as significant as a buzzing fly. Another one, "Remote work will cause everything to get outsourced". No it won't. There's so much software to be written we can't comprehend it. One could say that humanity has 1% of the programming capacity it needs, and still be wrong because the nature of software makes this without solution.