AI is haunting techies and future is uncertain.

As a techie myself, I see the advancement in the AI world arey mind-blowing. The models are so advanced to a point where only one developer can handle the tasks of 5-7 developers.

No doubt the IT crowd will drink and the economics equations will change in coming years. Society will adapt to the new ways but the millennials will be hit the most in this transition.

Boomers are living their retirement life, gen Z have started new and yet to carry the social responsibilities but we millennials are currently in the transition phase. We have home loans, kids are in school, retirement corpus is still not there, a family to feed and bills to be paid.

Looking into the real-estate price in Bengaluru, I don't think builders are aware of the ground realities or they have some silver bullet, we aren't aware of! Not sure if the government has a clue to tackle this turbulence.

I've already started preparing for the rough days ahead. Moved the investments from IT stocks to gold, cancelled car upgrade, making use of every penny to pre close my home loan, cancelled abroad holiday, limiting lifestyle spending already, slowly making family realise the current situation and kind of making them ready to move to native if required.

It would be interesting to know the thoughts of fellow redditors on the current economic situation.

Hopefully the future won't be ruled by the western AI lords and we can create a better world for the upcoming generation.