Where there ever pensions in the tech business? Maybe ibm in the 50’s or 60’s…. Did DEC have pensions? Large, old employers like governments or pharma or union-supporting companies had pensions, but the rest had “defined contribution” retirement instead.

Computers blew away the pink-collar job fields which took away much of the non-tech employment. Hard to assemble a 2 tech family with children due to the lack of remote work and the lack of affordable housing where the job-islands are. And a house then was way, way smaller and less featureful than what people want today an and toys were also way cheaper and simpler.