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Re:Getting Laid Off in Tech: The Myth of Upper Middle Class ... by LifeLiverTransp on Tuesday April 24, 2018 @04:18PM (#16916157)
Tech also has the benefit of the networking effect- turning once a giant appears, a whole economy sector into a black hole for any other startup.

So one company can stagnate a whole sector- basically killing off any innovation for the duration of its existance. No innovation - no coders really needed.

Re:Getting Laid Off in Tech: The Myth of Upper Middle Class ... by jeffreyrogers on Tuesday April 24, 2018 @04:21PM (#16916178)
Maybe, but my bet is most software engineers, etc. are employed at non-tech companies. The work might not be as interesting, but they aren't all going away anytime soon.