If you are 40 and haven't transitioned from a linear employee to manager or a small shareholder, your trajectory is that of jaded sadness. I write this to those who are still young enough to read and listen.
Almost all of the couple-hundred employees laid off at my company in the past year have been managers.
For me, I paid off all my debts, and I'm reducing my spending to build up a big stockpile to weather a rough period or large salary decrease. TBH I'd rather find other kinds of work than lean into AI tooling. It's so boring & demoralizing.
this happened with all manner of engineering in America. Industry is power-driven, and only-workers do not protect a place to stand. At the same time, massive fortunes were made, and many, many companies died. Its not a static environment.