> But we are in the IT golden age, if you throw computers at things, you get a 100x return. And money was cheap for so long.

Check back in five to ten years, this is a slight reversal on a continued bull run. Why? Because people with money want to make more money and saving money, while important is not making money. Worst case scenario we all get transitioned into defense contractors to fight a future where our current overlords are supplanted by an rapidly rising, better educated and executing CCP.