Singapore stocks hit new highs while AI stocks pull back. Our idea of the iron rice bowl shifted a little this week. GovTech announced that 93 employees would leave in the first phase of a two year restructuring, with the changes expected to affect between 7 and 9 per cent of its workforce. Retrenchments are still relatively rare in the public service, especially on this scale. But as technology reshapes the economy more quickly, no organisation can assume that every role will remain unchanged. I graduated around the time of the global financial crisis and spent much of my career in finance. Over the years, I have seen institutions change and friends lose jobs they once thought were secure. That has also shaped how I think about financial security today. For a long time, many of us have associated financial security with finding a stable job and earning a steady monthly salary....