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Having a single source of income is becoming more and more problematic in current times. If you are married you have at least two sources of income, that may be

Having a single source of income is becoming more and more problematic in current times. If you are married you have at least two sources of income, that may be the biggest _economic_ advantage of the marriage. Those layoffs make me realise why so many people are interested in FIRE movement and passive income. Either you have savings (but fiat currency discourages that) or some source of extra cash flow (be it minimum that allows you to survive) or you are at the mercy of current economy climate (be it FED printing or FED tightening or stock market frenzy). Maybe the universal basic income will be come the solution to this problem in the future? With more automation and unstable world economy we will probably see more layoffs. Entire industries may go extinct. Yes I am on more pessimistic side, but the last decade was great for software engineers and as the Bible says after 7 good years there may be 7 bad years coming.

pm90 4y ago
As long as we continue digitizing the economy, there will be a demand for software engineers. What might change is the kind of software engineers. Luckily, software engineers can certainly cross train and quickly pick up new skills much more quickly than workers in other industries, and for massive payoffs. I do think its somewhat unreasonable to be in a position where you do similar work year after year though (similar to e.g. what doctors or lawyers do) and expect to keep getting the same income. That's the deal with Software (or really, any creative field): you get paid really well but you can't stagnate.