How the US Is Destroying Young People’s Future | Scott Galloway | TED
Why Hacker News recommends it
HN commenters cite it for hard data on millennials versus boomers and the economic reality facing young workers.
What it is
Scott Galloway's TED talk uses data to argue that young Americans are financially worse off than earlier generations, calling it a great intergenerational theft. He covers root causes and what could change it.
Recommended by 2 HN commenters across 2 different months, 2024 to 2025.
What Hacker News said
Strong rec greentxt · 2024-06 · on “The U.S. Economy Reaches Superstar Status”
Here is the talk. Every multigenerational American family should be forced to watch this and discuss the ethical implications of each peesons vote in future elections. [this video]
Recommends Joel_Mckay · 2025-07 · on “Inequality, decay of democratic institutions linked to accelerated ageing”
Scott Galloway’s TED Talk covers a lot of the current reality young people face entering the workforce. [this video] [LINK] It is complicated, but may become more pronounced as the baby-boomer generation retires. =3
Cites nojvek · 2024-05 · on “The Rise of the Forever Renter Class”
As a homeowner I get to deduct mortgage interest in taxes. As a renter I don't. If a corporation decides to own commercial interest. Principal + interest + taxes. + maintenance. Everything other than profits gets to be deducted. Renters don't. Trump cutting corporate income tax from 31 to 21% flat made the wealth jump up to the top. Then Biden came and pumped 5 Trillion in the economy with huge PPP payouts to corporations whose owners were already wealthy. Wealth begets wealth. Rich get Richer. The current 20-30 somethings are the first generate in the entire history of this nation to build less wealth than their parents at the same age. The only people in Seattle and SF making it at 20-30 i
Cites a_wild_dandan · 2024-05 · on “The Age of Rage: Why Are People Are So Angry?”
1. Social media's objective function is engagement. Outrage and like buttons are highly engaging. 2. Tribalism + scale + time = two "us vs them" groups. Politically, FPTP voting mathematically implies spoilage; the Ron Paul example doesn't extol some virtue. 3. People are furious due to these (utterly preventable) things: [this video]
Cites Joel_Mckay · 2024-06 · on “I'm terrified of old people”
"Old age and treachery will always beat youth and exuberance." (David Mamet) [this video] I don't think it is intentional, but the consequences are certainly quantifiable. Everyone thinks the asymmetry of power structures is unfair... right up until perspectives shift when they take on the same roles... [LINK] Have a great day, =3
Cites Joel_Mckay · 2024-07 · on “Mouse Heaven or Mouse Hell? (2022)”
The follow up with Rat Utopia addressed several of the issues with the mouse study. More interesting was the final follow up selective-breeding study with "The Beautiful Ones". As Dr. Calhoun wanted to determine if the cognitive decline would persist in successive generations even when placed in a new unconstrained exploitation phase setting again. The process was not reversible, and remained degenerative in offspring. Accordingly, I found this work greatly affected how I processed neuroscience material, and viewed violent behavior. We must respect the little creatures that warned us of humanities possible future. So far, many communities seem to be following a familiar concerning trend: [VI
Cites Joel_Mckay · 2024-07 · on “The Greatest Educational Life Hack: Learning Math Ahead of Time”
The bimodal distribution of student entrance performance correlating to stratified fiscal castes has been observed for sometime: "Outliers: The Story of Success" ( Malcolm Gladwell, 2011 ) i.e. the curriculum lesson plans naturally evolve to exclude individuals that don't need introductory lessons, because they are on average 3 years ahead of their peers by the time they enter undergraduate programs. The kids that need to "catch-up" in introductory Math/English material are no longer failed/held-back a year in some municipalities, but rather given a remedial curriculum over the summer. If those kids parents can afford to put them through an early tutorial program, than excluding the "poor ki
Cites toomuchtodo · 2025-07 · on “Microsoft to Cut 9k Workers in Second Wave of Major Layoffs”
Demographics had to change and belief systems had to develop for Mamdani to win the NYC primary. Huge turn out, 12 point victory over Cuomo. Democratic socialist policy platform. This is the future as young people remain economically disadvantaged and old folks with their beliefs and wealth to protect age out. Young people aren't going to get more conservative because they don't have something to lose economically as older cohorts might have had. If workers are not seeing improvements in life over time, why would their viewpoint change? I agree a minority of workers might change their mind when they luck into favorable economic and labor circumstances, but luck will not find the majority, an