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How the US Is Destroying Young People’s Future | Scott Galloway | TED

TED

4.9M Views . 2024-05-02

In a scorching talk, marketing professor and podcaster Scott Galloway dissects the data showing that, by many measures, young people in the US are worse off financially than ever before. He unpacks the root causes and effects of this "great intergenerational theft," asking why we let it continue and showing how we could make it end. (Note: This talk contains mature language.) Want more Scott Galloway? Join TED to unlock an exclusive members-only Q&A with Scott and Head of TED Chris Anderson on June 13: http://ted.com/membership. Members will have the opportunity to ask Scott anything and join a global community that believes in the power of ideas to change the world. Follow TED! X: https://twitter.com/TEDTalks Instagram: https://www.instagram.com/ted Facebook: https://facebook.com/TED LinkedIn: https://www.linkedin.com/company/ted-conferences TikTok: https://www.tiktok.com/@tedtoks The TED Talks channel features talks, performances and original series from the world's leading thinkers and doers. Subscribe to our channel for videos on Technology, Entertainment and Design — plus science, business, global issues, the arts and more. Visit https://TED.com to get our entire library of TED Talks, transcripts, translations, personalized talk recommendations and more. Watch more: https://go.ted.com/scottgalloway24 https://youtu.be/qEJ4hkpQW8E TED's videos may be used for non-commercial purposes under a Creative Commons License, Attribution–Non Commercial–No Derivatives (or the CC BY – NC – ND 4.0 International) and in accordance with our TED Talks Usage Policy: https://www.ted.com/about/our-organization/our-policies-terms/ted-talks-usage-policy. For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), please submit a Media Request at https://media-requests.ted.com #TED #TEDTalks #future

Scott Galloway introduces himself and his humorous take on his television career before addressing the central topic: the declining prosperity of younger generations. He argues that the social contract is broken, as younger generations face declining economic opportunities and are less optimistic about the future compared to older generations. This disparity, he suggests, fuels anger and resentment among the youth.

Social Contract
Generational Inequality
Economic Disparity

  • Scott Galloway, a professor at NYU, introduces his presentation with a self-deprecating humor, referencing his past experiences with television series.
  • He sets the stage by highlighting a key issue: the declining purchasing power of younger generations compared to older generations, suggesting a breakdown in the social contract and a growing disconnect between generations.

Insights from Scott Galloway's TED Talk:

1. Is TED Losing Its Relevance?

Galloway's humorous opening suggests a shift in the perception of TED Talks. He critiques the format and the speakers, calling it a "telenovela" where "bastard love child" Simon Sinek was born from a night of passion between Bill Gates and Malcolm Gladwell. This points to a potential fatigue with the conventional TED format and a yearning for more substantial discussions.

2. The Intergenerational Divide: A Threat to Social Cohesion?

Galloway argues that the younger generation is facing a bleak future compared to their parents, with reduced purchasing power and limited opportunities. This disparity, he states, is

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