Go ask literally anyone you know that doesn’t work in tech and isn’t rich.

Or read any one of many articles about it.

https://www.theguardian.com/business/2022/jul/19/uk-living-s...

https://www.theguardian.com/business/2022/nov/17/obr-confirm...

https://www.cnbc.com/id/44962589

https://www.economist.com/graphic-detail/2022/09/08/global-l...