We're in our 40s and were on track to have $5 million- but I just got laid off and am anticipating a 50% pay cut
Briefly

Despite a robust economic climate, mass layoffs are still hitting various sectors, raising concerns about the impact of AI and automation on job security.
Google CEO Sundar Pichai stated that the 25% AI-generated code milestone is just the beginning, indicating potential future layoffs even during an improving economy.
In light of increasing layoffs, individuals should prioritize building a rainy day fund, as illustrated by a Reddit user with a $3 million safety net.
The ongoing shifts in the job market due to AI and economic conditions have created uncertainties, making it essential for workers to prepare financially.
Read at 24/7 Wall St.
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