These next 18 months will be incredibly tough for smaller tech companies. During a downturn, investors will not compromise for growth over profitability. It would be wise for every company to perform lay-offs now rather than when their cash runs dry.

I’d be surprised if any large tech company doesn’t have layoffs in 2022 or 2023.

While there is certainly an overwhelming amount of billionaires who could contribute more meaningfully to society, I think more focus should be on how we’re going to be competitive with rising powers like China and their highly controversial world views.

I agree that if anyone needs more empathy, it’s world leaders because they directly influence the direction of a country.