Personally, I think that there's definitely a correction going on, but it's far from explosion on the scale of a dotcom crash. "Tech" is not a separate industry

Personally, I think that there's definitely a correction going on, but it's far from explosion on the scale of a dotcom crash. "Tech" is not a separate industry now, but a set of technologies and professions that are used in a wide array of different industries. Companies in food, tourism, real estate and wherever else are hiring software engineers, dev ops and data analysts and are building "tech". And this tech that they're building, even if it's only "CRUD apps" that HN crowd loves to scoff over, is still creating a lot of real business value.