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> If our jobs are at risk now or have already been lost, then we might as well take this time to make some of the things we have thought about making before but were too busy to do (or too fatigued).

Do what you think is best of course, but is a very bad recommendation for those who have lost their jobs and are unlikely to find another in software any time soon (if ever).

I said a few years ago when people were still saying I was overreacting and AI wouldn't take jobs, people need to reskill ASAP. If you've lost your job, learn how to paint walls or lay carpet before your emergency fund is up. In the unlikely event you find another software job while you're training, then great, if not you have a fall back.

Remember you're highly unlikely to make any serious money out of a bootstrapped startup. Statistically we know significantly fewer than than 1% of bootstrapped startups make money, let alone become viable replacements for a full-time income.

Don't be stupid – especially if you have a family depending on you.


lubujackson
True warning, but there are a few moments in recent history when bootstrapped startups have an edge. Circa 1997-2002 (when I first came up) and, I would argue, now.

During the rise of the net, there were unexplored green fields everywhere. You could make easy bank from ads. You didn't need an office or a factory to start a company (which was more or less a requirement previously). So the idea of a bootstrapped startup was new, but seemed somewhat obvious if you were paying attention.

Now? Everyone has LLMs and can see a bit into the future. Lots of these companies will bubble up and either fold or get acquired. A few will unicorn. But the key point remains: if you are unemployed or have some time and build something functional on this new stack, your value as an employee will be much higher in the future.

Don't sacrifice what you can't, but I think there may be a softer landing for failed AI founders in the near future.

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