this is just an emotional outburst. None of what he said is doable, except investing wisely.
He stayed in the company for 12 years, because he found growth. He built a large team.. am sure he wasn't hired to lead a large team on day one.
Time to wake up and smell the coffee. Hierarchy in the organization is steep. May be the top 1% is going to be employed till retirement. Rest of the population is going to get fired by 50(if lucky). Its impossible for everybody to start a side business /side income. Achieving WLB is next to impossible. Why? companies pit people against each other. If i dont work harder than the guy next to me, he will get promoted. I will be laid off at the next recession. I will be fired and the "house wife" coming from her career break at a lesser pay will be my preferred replacement. Your leading technology today will become obsolete 10 years from now. There is no way to keep learning and getting updated at that speed.
So, long story short. we are going to crash land, the only question is how can we improve our odds at survival.