Will annual expenses be reduced to 5% after 2030? Will Devcon shrink? Will PSE be independently winding down?

Wu Shuo learned that Ethereum founder Vitalik Buterin posted that the Ethereum Foundation (EF) will cut its budget by about 40% this year, shifting from an average annual expenditure of about 15% of remaining funds before 2026 to a long-term donation-based organization, aiming to reduce annual spending to about 5% after 2030. Vitalik stated that EF will not lower the goals of the Ethereum protocol but will make several trade-offs, including shifting more from a "redundant" to a "specialized" multi-client model, exploring AI-assisted formal verification, gradually winding down PSE as an independent unit, and that Devcon may become smaller and more budget-conscious in the future. EF's organizational work will also be scaled back.