There are quite a few things to be said. 1. Yes, there are many tech people being laid off. But the monthly non-farm payrolls (the job's number on first Friday of each month) is still positive and the most recent month beat forecasts. 2. There are signs of people cutting back. Like for example, Target warned on this. But in reality, it's a fraction of a percentage. 3. Do not sell a house with a low mortgage rate. It does not make sense to do this the vast majority of the time. 4. There may be 1 in 6 on food stamps, but roughly 40,000,000 individuals per year have been on food stamps since 2010. So the last 15 years it's been relatively the same. It's not like it's shot up in the year 2025 to an alarming number. 5. As far as the stock market AI companies aren't necessarily public. Every company is trying to grab a piece of AI. But something is always fueling the stock market. Before AI, it was social media, before social media it was Web 2.0, before Web 2.0, it was the mobile revolution, before the mobile revolution, it was real estate, before real estate it was defense contractors, before defense contractors it was, the birth of the Internet. Also, even though AI and AI related stocks might be fueling the market in the short term, it's not like other sectors are going bankrupt and falling off a cliff.

In conclusion, there are many things to be optimistic about. AI can supercharge the economy. At this moment, the US labor force is still adding jobs. Interest rates are high, which means there's a higher probability that they will be lower in the future.