It’s also, quite frankly, the market reallocating economic decision making power. After a decade of beanstalk economics, it’s reassuring to see the system at least attempting to correct itself.

I have no sympathy for the people losing money. For the young people who invested precious years into what increasingly looks like an economically useless skill set, I feel badly. That said, those who picked up technical or sales chops can likely pivot to a position above the median American’s wages.