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Generation Z is doing well economically. AI could change that. | Vox

vox.com · 1,805 words · saved by 1 readers

There’s too much news. We help you understand what you really need to know. Vox delivers the depth, context, and clarity you need to understand what’s happening and why it matters. We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today? The big myth about zoomers’ economic condition. • By many metrics, Gen Z is doing better economically than previous generations at the same age. • Zoomers are especially vulnerable to displacement from AI. • Gen Z’s economic pessimism may partly reflect its high rates of social media use and loneliness. Gen Z was born too late. By the 2020s, the boomers had already bought up all the houses, while the millennials had commandeered the good careers. Zoomers have, therefore, been condemned to hovels in irradiated outlying districts and dead-end internships where they train the AI that will replace them. What piddling wages the zoomer ekes out goes to their landlord and alma mater. What hopes for the futur

Key takeaways • By many metrics, Gen Z is doing better economically than previous generations at the same age. • Zoomers are especially vulnerable to displacement from AI. • Gen Z’s economic pessimism may partly reflect its high rates of social media use and loneliness. Gen Z was born too late. By the 2020s, the boomers had already bought up all the houses, while the millennials had commandeered the good careers. Zoomers have, therefore, been condemned to hovels in irradiated outlying districts and dead-end internships where they train the AI that will replace them. What piddling wages…

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