I don't know your background or experience but I do know there are a lot of people in tech now who have never experienced a recession. Also, this startup image (which persisted to these being big companies) of them being employee-friendly, maverick and casual was really just a function of the boom times.
That veneer is long gone. We are now in the era of permanent layoffs to suppress wages and every one of us that can be replaced by AI will be.
I think for many tech workers, they're in for a rude awakening that they're just like any other worker and not special or somehow immune to the adversarial nature of the employer-employee relationship.
Back in 2000 and 2008 it took sa few years but the jobs came back. One might assume that'll happen again but I'm honestly not so sure. 2008 saw the elimination of a whole class of entry-level professional jobs for millenials that never came back.
Thing is, I don't think much of the economic activity in the tech sector is actually creating value anymore. Big tech are milking their respective golden geese until they inevitably die. Startups are largely just angling for a buyout in the AI gold rush that'll largely benefit the founders and the employees not so much.