Millenials, and presumably gen z, are getting less conservative with age, a complete reversal of the traditional trend. We’re also the first generation that’s poorer than our parents.
They kept the money flowing in the post-war economy, and kept propping it up with increasing globalisation, pushing the poverty onto poorer nations, but it looks like that’s stopped working and now the economy is cannibalising its own young.
I hope this sparks revolution, and I see our job right now as building the structures that will make a better world afterwards.
I think it’s less that people get more conservative as they age and more that they get more conservative as they get wealthier. Previous generations typically could get wealthier as they get older, but younger generations are being screwed over, hence the reversal.
I had more money in my savings account at 18 and made more money per hour than I have in savings and make per hour now in my 30s. I’m also driving the same car, the car I bought with my own money from working when I was 17, now that I think about it, because I can’t afford a nicer one. I literally have nothing to conserve, I own nothing, nothing was ever given to me, and it’s all being taken from me.
There’s data on this: https://d6c748xw2pzm8.cloudfront.net/prod/42800fa0-876c-11ed-b4ef-3dee38a55a6d-standard.png
Millenials, and presumably gen z, are getting less conservative with age, a complete reversal of the traditional trend. We’re also the first generation that’s poorer than our parents.
They kept the money flowing in the post-war economy, and kept propping it up with increasing globalisation, pushing the poverty onto poorer nations, but it looks like that’s stopped working and now the economy is cannibalising its own young.
I hope this sparks revolution, and I see our job right now as building the structures that will make a better world afterwards.
I think it’s less that people get more conservative as they age and more that they get more conservative as they get wealthier. Previous generations typically could get wealthier as they get older, but younger generations are being screwed over, hence the reversal.
I had more money in my savings account at 18 and made more money per hour than I have in savings and make per hour now in my 30s. I’m also driving the same car, the car I bought with my own money from working when I was 17, now that I think about it, because I can’t afford a nicer one. I literally have nothing to conserve, I own nothing, nothing was ever given to me, and it’s all being taken from me.
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AI is going to fuck it all up and I can’t wait.