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Sure but there's probably a downside as well.

fucking lol. I think it'd suck for us have our SWE salaries crash down to non-tech levels. Making $140k after 10 years of experience at Google, oof. Tech VC's drained, how will I start my dog therapist app? But yeah, massive net benefit to society. Housing returning to normal levels, cities with blended cultures of white/blue collar and art workers.

It would destroy 90% of the current version of the tech industry.

I find it hard to believe that a better version isn't possible.

the AD industry. it would destroy the AD industry.

they've been so successful in their advertising they've just managed to get people to call them "tech".

tech would probably be untouched, and who knows, might even flourish a bit once people stop wasting their time and paycheques to make the world a worse place.

Good.