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> But you just have to adapt.

Yes, but this time around there may be nothing left to adapt to.

Certain sectors and jobs will last much longer. Like healthcare.

But, I think the cold hard truth is that if you're a professional worker, with a six figure salary, the idea of going back to school, and working with something completely unrelated to your interest - all while taking a steep pay cut...it is unthinkable for many.

The alternative is of course unemployment.

But how long that "much longer" would be? 5 years? That is the time you usually need make at least some entry career. In the past you usually could say that career variants can be safe. But now is seems there are no safe variants.

I'm afraid lots of people will see different alternatives.

If someone is willing to settle on salary and job comfort levels, there are plenty of jobs, at least currently.

Lots of people have their lives set up in a way that an instantaneous significant reduction in income is going to have severe effects.

Sure, that's bad.

But that's true for anybody that need to start as a beginner in a new industry.

Yes, but then there is a new industry to being in. This time it is different: there won't be any place where just having a brain that works is going to be a source of income.

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