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- A rule of thumb suggested by one study is that every $100 drop in stock market wealth leads, on average, to a $3.20 drop in consumer spending. Under such an assumption, a dotcom-style crash would cut American consumption by about $890bn, or 2.9% of GDP.

- A drop in nominal values on the same scale as the dotcom bust would wipe out $16T, or 8% of American household wealth. Foreign investors would lose $7T.

AI is being forced down peoples' throat. Millions want to but cannot disable Gemini from Gmail. Many SWEs don't want to use AI tools but managers are forcing them to do so.

How do you know if something is really liked/needed/wanted when there is no opt-out?

- Overall, 59 percent said they regard AI as a threat to their future job prospects, far more than immigration (31 percent).

- 43 percent said they were already struggling financially or had limited financial security.

- Fifty seven percent felt the country is headed down the wrong path. During the 2009 recession, that number was only 37 percent.

- When asked about political violence, 28 percent said they view it as “acceptable when the government violates individual rights.”

Article below

Discuss article here https://news.ycombinator.com/item?id=46153770

https://www.swyx.io/marketing-yourself

https://www.youtube.com/watch?v=HQuc_HhW6VA