So I think if you're the type of person that's even asking about it, then just do it.
[*] I'd say one caveat is, don't go broke doing so; save/invest enough and live cheaply enough that you're coming close to break-even. The other is, have a decent network so that when you want to re-enter the job market, you'll have people to contact. That makes job hunting an OOM easier.
The latter aspect could sway the decision either way: "time off" is almost never the right time and place, so reduces the chances you'll be in that group. But the fact that this group exists, and the randomness by which one can be included, may take the lustre off of being in the high-net-worth group to begin with, if you don't have strong intrinsic desires to have a ton more money than what you'd need to live reasonably comfortably.
For every romantic story you read about someone selling their stuff and striking out into the world, there are a bunch more stories of people who ruined a reasonable life trajectory chasing a vague dream or simply fleeing discontent.
Talking to a therapist and practicing gratitude is a lot cheaper than burning through life savings. That said, if you're genuinely miserable in your life and career, definitely pursue changes. You should probably consult professionals (therapists, life coaches) in that case, too.
Yeah there's a danger that this tech recession is "permanent" somehow, but I took mine in the midst of the dotcom crash and by the time I came back (three years later), the economy had recovered. I think tech will always come back. And if it doesn't, then maybe getting out early and having time to reflect will allow you a head start on whatever your next pivot is.
> I'm always torn between doing that or saving more and trying to make changes later in life.
If you can always try and save more. Compounding interest means you'll be further ahead later in life. I'm still catching up on my retirement savings, I'm luckier than most healthwise and financially. In hindsight, if I could have stayed around a few more months I probably would have found a job in my expertise and built on it careerwise. But, mentally I was finished. The constant rejections, multiple interview rounds with indeterminate responses, the gaslighting really beat me up inside.