The really scary thing for me is the possible macro environment for tech.
Indians will soon overtake any of the Western countries as the largest English-speaking population on the internet. As I'm sure many of you know, Indians are hugely talented and most of us who had to deal with CS or Maths have probably resorted to some of the extremely generous Indian experts who teach these subjects on Youtube. There are some very good institutes and universities with solid reputations, many expanding to boot camps and such - so there is a very good volume of tech talent coming online fast.
So you have a tsunami of highly educated, English-speaking tech workers coming online AND a sudden surplus of laid off tech workers in the West. It could potentially get really ugly for the Western tech workers used to six figures for working 30 hours per day and then spending the rest of the day on activism or "day in the life of a X" Tiktoks. After all, we just tested remote work and you can live like a king in India for much less than even the cheapest Western town.