Why do you believe this to be true?

Google, Facebook, Netflix, etc. don’t employ _that_ many workers. Yes, there are contractors associated with each, and localized impact for service workers (now surely less.)

But I’m not sure that we can say tech is saving our economy right now.

Amazon requires people to buy to increase revenue, meaning they have to have spending power already. So they have to either use savings or have income.

Apple the same. Netflix too.

There needs to be more information that Uber, Lyft, DoorDash, etc. are employing more people than before — i.e. backstopping what would otherwise be a crashing economy.

When you look at their numbers, that’s not the case. They’re not seeing explosive growth during the pandemic, despite expectations to the contrary.

If we look to the stock market as a measure of economic strength — and we shouldn’t — it has been propped up by lowered interest rates.

With bond yields as low as they are, investors have to put their money _somewhere_ and stocks are the seemingly appropriate risk/return for the moment. But that’s not a sign of a good economy. Quite the opposite.