>I’m much more concerned by the skyrocketing cost of housing, energy, food, and transport than the cost of tech luxuries.

I'm with you, but given that I have no control over any of them I wouldn't have minded that my luxury fun was still cheap. About a decade or so ago, I remember saying something like "We're in an odd period historically: if you except housing, healthcare, and education, everything else is _stunningly_ cheap by historical norms." I wasn't trying to discount the importance of those things, but it felt like there was at least some relief among the rising costs there. Now, it seems like "everything else" has caught up and it's simply that everything is expensive.