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

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…

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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.)

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185 Comments

185 Comments

  1. @jedics1

    May 2, 2024 at 7:23 pm

    A man who appreciates clarity and brevity and he’s an American, a freak occurrence. The only flaw to his speech is everything and everybody that matters was bought up with nothing left to stand in the way of that mountain of hoarded wealth assets and power.

  2. @skienho5460

    May 2, 2024 at 7:28 pm

    Prof G is awesome! Great talk and worth being shared to bring more awareness to these issues

  3. @dadigan5117

    May 2, 2024 at 7:32 pm

    Nuff’ said, except more Scott Galloway … please.

  4. @mack-uv6gn

    May 2, 2024 at 7:37 pm

    👏

  5. @terrence777

    May 2, 2024 at 7:41 pm

    He really said it

  6. @28blooddog

    May 2, 2024 at 7:42 pm

    Wow! Someone show this to the Biden administration XD this should be the new platform!

  7. @gabrielmaroto18

    May 2, 2024 at 7:43 pm

    When you realize you’re government has investments in your failure in not your success

  8. @mylesbrownGSP

    May 2, 2024 at 7:43 pm

    I 100% agree with everything Mr. Galloway said. I’m a 32-year-old elementary ESL teacher, and teaching is extremely difficult with students who are overstimulated by their phones and tablets. It feels like every other word they say is from some TikTok trend, movie, or video game.

  9. @ryanmurphy7476

    May 2, 2024 at 7:52 pm

    Been looking forward to this!

  10. @ForAnAngel

    May 2, 2024 at 7:57 pm

    UBI would solve all our problems.

    • @emerraldx

      May 2, 2024 at 9:19 pm

      Scott and Andrew Yang and the Forward Party are all part of the same solutions 🧢 and throw a little Haidt in there too

  11. @TheWest212

    May 2, 2024 at 8:01 pm

    Thank you !!

  12. @beth-eileenwalker8579

    May 2, 2024 at 8:03 pm

    Scott, you were amazing! Your speeches/podcasts/presentations on this and so much more that people are not willing or don’t have the courage or the platform to do so say what the millions of us don’t have the bullhorn to do so. THANK YOU!

  13. @anirbanc88

    May 2, 2024 at 8:16 pm

    thank you for standing up for the under 30s <3

  14. @GetOffMyLawnCards

    May 2, 2024 at 8:27 pm

    I started watching Scott Galloway on VICE back in the day. Maybe the smartest combination of current goings on and real world solutions to our biggest issues. Everyone should watch this multiple times.

  15. @denistrentin8291

    May 2, 2024 at 8:29 pm

    You!!! ❤️❤️❤️

  16. @NatalieGilVEVO

    May 2, 2024 at 8:30 pm

    Awesome presentation, Im such a big fan of his

  17. @WilReynolds1

    May 2, 2024 at 8:42 pm

    Everyone was loving him until he dropped that diabetes truthbomb 😉 Great job Scott.

  18. @AZeeee

    May 2, 2024 at 8:46 pm

    Failed to talk about the military which is the biggest drain.

  19. @sherlockh321

    May 2, 2024 at 9:04 pm

    so much truth. COURAGE.

  20. @zp8qu

    May 2, 2024 at 9:08 pm

    Love you on Real Time. You are the best Dr. Scott Galloway!

  21. @Persistence_run_444

    May 2, 2024 at 9:12 pm

    Commenting for the algorithm.

  22. @evanharris9247

    May 2, 2024 at 9:16 pm

    Interesting mix of ideas. Some good, some specious. But mostly good.

  23. @waterbottlecap5770

    May 2, 2024 at 9:20 pm

    Scott Galloway has just described something that many, many people are beginning to realize: this country has been set up by the greedy and morally bankrupt to be a gerontocracy which acts as a money farm for the ultra-rich and massive companies. As I watched, I was amazed to see that I agreed with the things he said… every time. The US currently is draining the people who matter most– the next generation– of all their wealth. Through insane college prices (for an educated workforce), and inflation, and cost of living, etc., it’s causing futures to be destroyed. Hopefully these next elections will bring out our most outspoken, talented, and down-to-earth individuals who will wipe the slate clean of any horrendous problems which plague our country.

  24. @danieltriggs7728

    May 2, 2024 at 9:27 pm

    Prof G!!

  25. @TheAmazingKoki

    May 3, 2024 at 5:39 pm

    The answer is really quite simple.
    1. The generation after WWII saw an unprecedented growth of wealth, and as a result got used to the fact that they could have anything they desired.
    2. They form the largest voting block in history
    3. People find it notoriously difficult to accept change

  26. @user-ns1dy7em7n

    May 3, 2024 at 5:46 pm

    Scott Galloway for president

  27. @ValenceFlux

    May 3, 2024 at 5:55 pm

    Five years into an apprenticeship for an instructor to tell me it’s not my fault I wasn’t born into success but my family was causing them problems. Sorry you wasted five years of your life he said to me. Ever felt betrayed?

  28. @sidorenkor

    May 3, 2024 at 6:18 pm

    I don’t buy his argument; it feels like it’s just a play for media attention. Whenever someone is called a victim, it seems to draw more eyeballs. That said, I think today’s youth have it better than we did back in the ’80s and ’90s. They have more tools and resources to succeed, way more than we ever did.

    • @nicolasgirard2808

      May 3, 2024 at 6:38 pm

      You can be very successful today if you’re exceptional, but someone like Scott who was mediocre and got bad grades in college would probably fail today.

  29. @Mike_Oxlong35

    May 3, 2024 at 6:27 pm

    If the IRS isn’t funded how did they just hire 70,000 new agents to go after the lower-middle classes pocket change.

  30. @Rnankn

    May 3, 2024 at 6:28 pm

    Add the costs and impacts of climate change, ecosystem loss, resource depletion, biodiversity decline and toxic contamination, and the generational inequality becomes a single generation motivated by avarice committing a narcissistic act of sabotage. Because Scott’s data is bounded, it misses the inequality of the 19th and early 20th centuries, which was only disrupted by wealth destruction from depression, war and inflation. In essence, we had a reset, that benefitted a single generation, and who took full advantage of their democratic majority for self-enrichment and self-protection. That was the exception, because liberal democracy is inherently regressive, transferring nature into wealth, and wealth from bottom to top. So his talk was an exposition on inequality, but his fixation on opportunity stopped short of the necessary solution: equality of outcome.

  31. @jeffritter2646

    May 3, 2024 at 6:42 pm

    Truthteller.

  32. @ejefflamphier4513

    May 3, 2024 at 6:47 pm

    I have heard Scott before and like his points. I am not optimistic as I see the reality of our world where the 1% only care about the 1% and will use any means to manipulate the other 99% to ensure they remain the 1%. The USA was an anomaly for 70 years, and now we are returning to the same class/power based structure as everywhere else. Good luck moving somewhere else, as this is the current foundation of our entire human civilization.

  33. @jenu6713

    May 3, 2024 at 7:31 pm

    “We should not romanticize obesity.
    You’re not finding your f-truth.
    You’re finding diabetes.”

  34. @MrMurraypants

    May 3, 2024 at 7:33 pm

    No, you boomers do not love us. You elected Trump then Biden and everything Scott said here was your fault. Do you care? Nope.

  35. @wastedgenius1354

    May 3, 2024 at 7:36 pm

    Every boomer; “Hahaha. He’s not talking about me.”

  36. @ManuelRodriguez-yf3do

    May 3, 2024 at 7:44 pm

    Scott G always knocks it out of the park!! What a communicator

  37. @italguynj

    May 3, 2024 at 7:50 pm

    Although there are a few items I disagree with, he is generally spot on. It is great to have a plan but it is even greater when you have the power to act on it. Perhaps he should run for office one day.

  38. @danielmcsween9054

    May 3, 2024 at 8:29 pm

    Higher education is over hyped, there are a lot of mid skill workers that are in shortages while there are too many STEM employees. Though who knows what AI is going to do to everything.

  39. @matteobascape860

    May 3, 2024 at 8:32 pm

    Commenting from Italy here, under30. I must admit I don’t fully understand some specific points related to US but I do feel there’s a lot in common with most developed economies. As long as the wealthy just focus on getting wealthier instead of building opportunity for others, how do we believe we can keep progressing and advancing this world?
    Eager to read some feedback

  40. @SamBourgeois-mr4hq

    May 3, 2024 at 8:44 pm

    “When did we decide that the money that capital earns is worth more than the money that sweat earns?” Uh.. when y’all decided capitalism = democracy/”Freedom(TM)”. It’s been a problem since the sans-culottes.

  41. @chrisquinn869

    May 3, 2024 at 8:47 pm

    What was Tocqueville’s quip? ‘Democracy is great until the people figure out they can vote themselves the wealth of the treasury.’

  42. @matthewmoore7447

    May 3, 2024 at 8:54 pm

    The people who need to see this will not watch it. They will blame us for eating avocado toast and having iphones. The answer to Galloway’s question is a resounding no. Our parents abandoned us after picking our pockets.

  43. @Mrs.Doubtfire007

    May 3, 2024 at 8:59 pm

    Damn I always thought he’s sexy, but never thought to Google him shirtless!!! That’s changed now….

  44. @DanielMcSween

    May 3, 2024 at 9:03 pm

    Hope this gets somewhere

  45. @salex5412

    May 3, 2024 at 9:06 pm

    Tell all this to the previous generations who had to go to war and watched family members never come back. Now I call that a future destroyed, wouldn’t you say. Oh and the house these young people can’t buy? Go look at midwestern towns where they can find a nice fixer upper for cheap, the kind a lot of us had to start out in. Or how about a prefab house under $30k from Amazon — with prices getting cheaper by the year. These young people can move to these inexpensive towns now because of the invention of something previous generations could only have dreamed about: the Internet and remote work. No Prof Galloway, the kids are alright. (One more thing…exactly where does our social contract — or any social contract — ever make the claim that each generation will do better financially than the previous generation? Not to mention “better” is a relative term since an inexpensive Honda Accord today is far “better” car than many far more expensive cars bought by their parents and grandparents.)

  46. @keithgreenwade2398

    May 3, 2024 at 9:10 pm

    Sermon on the mount…

  47. @user-xu6bv7yh2j

    May 3, 2024 at 9:11 pm

    The US? You mean old people

  48. @yesand5536

    May 3, 2024 at 9:20 pm

    Awesome points, and I would add, which he didn’t touch on, was that people do love their kids, but only theirs and believe they are in a bubble. When we stop thinking about community is when we think we can buy our way out of social situations that those with money create.
    Only the very rich can ride every problem. Even if you are upper middle class, your kids cannot buy a home. Have 3 kids from the 1980s? Each one gets their own house? Nope. Unless you have $2million lying around, you won’t be able to help them much.

    It involves giving a crap about society, and apparently, that is not on. So, an action would be, looking beyond personal enrichment to the consequence on society, and how that affects your kids and then electing those who say this can change and in which way.

  49. @samatic7937

    May 3, 2024 at 9:22 pm

    Wow the perfect ted talk, I agreed with 100% of what this man said!

  50. @Papazulu77

    May 4, 2024 at 9:02 pm

    Something tells me Scott is a fan of Aaron Sorkin. There’s a tone and a tempo that has a little bit of Jed Barlett and a lot of Will McAvoy. And he’s right. And so were they. And we need more smart people saying these things.

  51. @Furtivo95

    May 4, 2024 at 9:03 pm

    Much of what he said I already knew ever since the 1990s when I left California to study abroad in Europe and many return visits. The Socio-Economic warnings sign were there long before the Pandemic.

  52. @GT-vs2fm

    May 4, 2024 at 9:03 pm

    Started way back with citizens united (Orwellian name) , deregulation of banks , stock buybacks, offshoring…etc and why can’t the vote work? Electoral college, voter suppression and misinformation by the GOP.

  53. @joshuadav10

    May 4, 2024 at 9:03 pm

    did we really need a TED talk to tell us the obvious? I mean is this news to literally anyone here?

  54. @erikw2460

    May 4, 2024 at 9:09 pm

    Saying social security is a wealth transfer is ridiculous. Social security keeps old folks out of poverty. We should always opt for universal programs – the reason social security is not garnering enough money is because we are taxing less share of the wealthy because the cap on social security taxes are at something like 160k. If we removed this cap and increased the tax, we’d be solvent.

  55. @thomas6502

    May 4, 2024 at 9:10 pm

    👍

  56. @callofgaming5642

    May 4, 2024 at 9:10 pm

    Very good talk. I have these worries for my son that is about to go to college. He won a scholarship but it’s still going to be ridiculously expensive. And after all of that how will he afford a home?

  57. @NATIVEMANHATTANITE

    May 4, 2024 at 9:10 pm

    Honest question – when the baby boomers die where does all their money go?

  58. @ianfreddy3804

    May 4, 2024 at 9:12 pm

    run for pres……

  59. @brycier1

    May 4, 2024 at 9:12 pm

    I can testify that boomers do not love their children.

  60. @RJ-py3rl

    May 4, 2024 at 9:12 pm

    Run for president sir! please I will vote for you 🙏🏽

  61. @SasBald

    May 4, 2024 at 9:12 pm

    And as if to confirm how well entrenched the lopsided system is, I received a newsletter from The Economist this morning with the subject line „Generation Z is unprecedentedly rich“. I almost spilled my tea.

  62. @Bangah674

    May 4, 2024 at 9:13 pm

    Every one of these suggestions make sense and would vastly benefit all Americans. Unfortunately, not one will ever see the light of day, because they run counter to the master plan of the powerful.

  63. @Ruleisbroke

    May 4, 2024 at 9:14 pm

    True servant leadership right here. Speaking straight truth. Our children are our future full stop. Father of 3 young grown ups and I truly worry what their adulthood will be compared to mine.

  64. @smolcompute

    May 4, 2024 at 9:14 pm

    We need identity verification? Sounds like we wants a police state to be honest.

  65. @GIPvideos

    May 4, 2024 at 9:18 pm

    It’s not too late! Let’s make some changes and reverse these trends!

  66. @snowflakeca2079

    May 4, 2024 at 9:20 pm

    There is

    ONE

    opportunity for Zoomers/ etc….

    To make 100x their investment:

    Tesla.

    Transportation
    A.I.
    Robotics
    Energy (production/ storage)

  67. @Manic154

    May 4, 2024 at 9:21 pm

    Now watch after hundreds in the audience clap and hundreds of thousands more watch on YouTube how nothing changes…

  68. @julian_sp

    May 4, 2024 at 9:21 pm

    Invest into 3rd places is so huge and NOBODY in the states understands this. Corporate greed doesn’t allow for 3rd spaces.

  69. @jimbojimbo6873

    May 4, 2024 at 9:24 pm

    Just threw out a ton of grandiose statements and things we should do with zero rational on why or how

  70. @JeffreyChilton

    May 4, 2024 at 9:24 pm

    Man on a mission and I am here for it!

  71. @brianjarrard869

    May 4, 2024 at 9:25 pm

    Sadly the older generation doesn’t and didn’t give a damn about their kids

  72. @fcoxavier

    May 4, 2024 at 9:25 pm

    Same f***** thing in my beloved country, gotta follow this great man´s lead.

  73. @nt9616

    May 4, 2024 at 9:26 pm

    This discussion makes me think of something I learned from watching Mike Maloney’s Hidden Secrets of Money: Many of the world’s problems stem from the fact that we don’t use real money (i.e., gold); we use currency.

  74. @THEUSMCMOTA

    May 4, 2024 at 9:27 pm

    The best video I’ve ever seen on YouTube

  75. @502Vetch

    May 5, 2024 at 9:20 pm

    Gen Z here, I make $60K in a low cost of living state & I’m debt free, the issue is we have no purchasing power like the older generations had & and assets are hyper inflated ( artificially) even though I make decent money and I’m debt-free, I decided to buy land with my family, ( pool our money & buy debt free ) Housing & basic necessities just cost too much now, I believe you need to make over $100,000 a year just to be considered not house poor, we just feel letdown. We can’t have the same quality of life the older generations had, because they destroyed our purchasing power, anyways I’m done ranting, thank God my family got land and we don’t have to be in debt because of our incompetent older politicians.

  76. @omaior20

    May 5, 2024 at 9:21 pm

    oi

  77. @user-uh7bw4jo4c

    May 5, 2024 at 9:21 pm

    When they tell kindergarten it’s ok to be LGBT. Sad f up society

  78. @TomisaLami

    May 5, 2024 at 9:22 pm

    Only there was a turn of the century economist who worked with other economist to write a book about the manifestation of a community that could’ve also at the same time, like not just warned us about these problems, but also gave us a framework for an idea of how to reform society to make communities, healthy and strong for future generations, manifesto of the community or a common material realization or a communist mana……. naaaa that’s stupid let’s give tax cuts to the wealthiest people. That way the poorest people will something something.

  79. @Mdigi1982

    May 5, 2024 at 9:22 pm

    Could fix so much if you took away the money printing press.

  80. @Dirt.Knapp.

    May 5, 2024 at 9:23 pm

    Preach!

  81. @j.ramsey8863

    May 5, 2024 at 9:23 pm

    What isn’t talked about is how every day people grow out of the “youth” metric and join the “aged”, crossing that line didn’t make them financially stable but what it did do is now start the conversation of how we are destroying our aging population. Now what?

  82. @WilliamClemmer

    May 5, 2024 at 9:23 pm

    Boomers:
    At every opportunity voted for their own prosperity and interests.

    🤷‍♂️

  83. @tituspullo3946

    May 5, 2024 at 9:24 pm

    Please don’t argue to destroy SS for the sake of the young kids. You may think it’s only fair given the wealth of the seniors, but what about us working adults? Is there a middle finger waiting for us in retirement?

  84. @unknownconnection8758

    May 5, 2024 at 9:24 pm

    That would be the AI pack and they’re huge Monopoly over government and their decisions

  85. @fremontpathfinder8463

    May 5, 2024 at 9:24 pm

    This is the guy who loves to demonize older people. He should read the book Generations by Jean Twenge and he would discover that half of all Baby Boomers never climbed the economic ladder. Millenials are set to be the biggest beneficiaries of the transfer of wealth.

    • @jkscout

      May 5, 2024 at 9:26 pm

      yay!

  86. @DylanNorton-os6xh

    May 5, 2024 at 9:25 pm

    Drinking tonight

  87. @ricardoespinoza5821

    May 5, 2024 at 9:25 pm

    awesome presentation and im only in the first half

  88. @nisey_holmes

    May 5, 2024 at 9:25 pm

    …it’s videos like this that I wish would go viral. Hit the nail on the head on SEVERAL boards. 👏🏾

  89. @jed9902

    May 5, 2024 at 9:26 pm

    The only sad part is nothing will change

  90. @greg_yt6218

    May 5, 2024 at 9:26 pm

    Re: minimum wage and housing costs, he doesn’t mention probably the single most important contributor: **Mass Immigration**. That’s where the big squeeze happens– a rise in supply labor (lower wages) with a concomitant increase in demand of housing (cost real estate).

    And that’s something that’s actually *fully* within society’s control rather than all the intangible/ephemeral stuff like too much Facebook.

  91. @tyd8077

    May 5, 2024 at 9:26 pm

    And to think, all we had to do was not mask up.

  92. @soulance8342

    May 5, 2024 at 9:26 pm

    CAPITALISM is failing EVERYONE

  93. @AdamSmith-on9ej

    May 5, 2024 at 9:26 pm

    He sees the cliff we are falling off. Blindly led by people who should be retired not running the world.

  94. @Jeff.S

    May 5, 2024 at 9:27 pm

    Said from a guy who destroying one mind at a time at NYU. Give your pension and stock away to your students and kids Scott. What a fraud.

  95. @WilliamDeanPlumbing

    May 5, 2024 at 9:27 pm

    Let’s ban foreign investors from buying up homes and corporations too, that’s a huge part of the skyrocketed prices of homes.

  96. @Yohoho9

    May 5, 2024 at 9:27 pm

    11:40 satirical conspiracy is too funny 😂

  97. @T3CHET

    May 5, 2024 at 9:27 pm

    Interesting take from a vice shill.

    TED hits a new low.

  98. @ZoneTelevision

    May 5, 2024 at 9:27 pm

    Getting lectured to by an anti-Capitalist Capitalist. SMH.

  99. @doubtingthomas6752

    May 5, 2024 at 9:28 pm

    Enjoy the decline.

  100. @fairalways

    May 6, 2024 at 9:16 pm

    I disagree with some of this. I disagree that government works, in the way he means. Our agencies work. We don’t have “one person, one vote” and we have a Electoral College, and so every branch of the federal government is broken. I AM okay with his reapportionment idea of tuition bail outs. It sounds well-considered on the surface. Also, I disagree with his whole purpose of education, even if I like his direction. I disagree with him about Zuckerberg, because kids aren’t on FB. I’m ambivalent about kids on the net, so I’m open.
    I’m with him about Pelosi.
    I don’t think most of us romanticize obesity.
    I DO think it’s time we shifted to income-based affirmative action.
    The rest? Spot on, and a lot of what I’ve circled around for years.

  101. @EveInTheMachine

    May 6, 2024 at 9:16 pm

    I love this man for calling it out like it is. And the tension in the audience made it even better. 😂

    It’s sheer gluttony is what I see. Gluttony for wealth, power, control… all it would take is shifting that focus off of their egos and onto the people that ACTUALLY need the help. And they say the Millenials and younger generations are the entitled ones…

    If nothing ever gets done about these problems then there is something very sick about this country. In either case, we desperately need this change lest we risk losing future generations or even losing a functioning society.

  102. @LBright4444

    May 6, 2024 at 9:17 pm

    Hey Scott!!

    Ever consider running for president⁉️

  103. @Arcticwind-xw6qg

    May 6, 2024 at 9:18 pm

    At 10:04 this guy shows a picture of Trudeau with a bunch of hearts and says how dreamy he is…….he is a fool.

  104. @ripppking

    May 6, 2024 at 9:18 pm

    this is good stuff and alot of what ive been saying for awhile, our entire government is outdated and cant relate to new generations, they are all insanely wealthy from politics dragging mine and yougner generations through their drama and battles when my age group should be the one calling everything in office not grandpa and grandma, they should be guiding us and not ruling to their death beds…

  105. @zaberfang

    May 6, 2024 at 9:18 pm

    When you realize that the younger people in power back in the day were the ones who made things worse for the young people nowadays.

  106. @goldendiploma9865

    May 6, 2024 at 9:18 pm

    Fact: Boomer don’t give a F@#$% about millennials
    Fact: Millennials know this
    Fact: Millennials wont care when boomers start dying from starvation.

  107. @helium73

    May 6, 2024 at 9:19 pm

    Just get rid of minimum wage. Congressman aren’t responsible to know everything about young people or to be young people. Good for you for being the big hero. I was young and I hated minimum wage then too. It’s the one thing that prevented me from happiness in life.

  108. @Monsoozi

    May 6, 2024 at 9:19 pm

    Fantastic policy suggestions!

  109. @Herbcatt1988

    May 6, 2024 at 9:19 pm

    The uncomfortable cheers were deafening.

  110. @alwayson6516

    May 6, 2024 at 9:20 pm

    My firstborn got a biology degree, went blue collar, and 5 years later, can purchase a crazy priced townhouse. My second born got a tech degree, cant get their foot in the door cause everyone wants experience. Or to pay in bitcoin. WTF!!!

  111. @didubo508

    May 6, 2024 at 9:20 pm

    I am probably one of the few 20yr olds who has gotten a 70k salary without getting a degree, and no connections. Even then I still can’t fathom buying a house in today’s market, let alone 10yrs from now…

  112. @shadowscreamer1

    May 6, 2024 at 9:23 pm

    Correction, liberals AKA dems are

  113. @panekmemes

    May 6, 2024 at 9:23 pm

    Amazing 👏

  114. @muddwhistle7833

    May 6, 2024 at 9:23 pm

    Wait until AI gets here, they will start having lotteries like Vietnam to select people who were laid off and replaced by AI to grind up for viscous fluid to lubricate The AI machinery

  115. @justincavinder5504

    May 6, 2024 at 9:24 pm

    This is simply a Common Sense Lecture. And all point to more proof our politicians do NOT REPRESENT US, or this would all be taken care of already. Majority of this is so obvious and center of the road solutions. Coming from a very right wing conservative.

  116. @ariadnemeo7360

    May 6, 2024 at 9:25 pm

    I hope that now they finally LISTEN

  117. @dostoyevesky12

    May 6, 2024 at 9:25 pm

    Social security is the money they had taken out of their paychecks. It is their money. But I agree, stop social security and let people invest it how they want it.

  118. @renenowicki

    May 6, 2024 at 9:25 pm

    My pension was reduced by 33% years n the assumption i will get social security.

  119. @HRHDMKYT

    May 6, 2024 at 9:26 pm

    No, Biden should make the school loan loan-shark-like rates and accelerated debt calculations totally illegal. If student debt repayment was calculated to begin 6 months after graduation, at a set low percentage of interest (none of this “compounding” nonsense), and then divided into 120 payments spread over 10 years, this would go a long way to making it possible to repay those loans.

  120. @pierrethegod22

    May 6, 2024 at 9:26 pm

    Millennials were trying to say this In the early 2000s and we were called Lazy and entitled

  121. @GTail49

    May 6, 2024 at 9:26 pm

    He just handed us the solution to modern-fucked-America

  122. @Spinevoyager

    May 6, 2024 at 9:27 pm

    Thank you, Scott.

  123. @KW-mz4pn

    May 6, 2024 at 9:27 pm

    Not just young people but Gen X has been destroyed.

  124. @MexicoRealEstatewithParrish

    May 6, 2024 at 9:28 pm

    Greetings 👋🏼 from the simple life ☀️🏝️

  125. @limitlessenergy369

    May 7, 2024 at 9:07 pm

    End Usury. I dont own a home or have apartment. I create electronics and jewelry. I save and invest, and I still am heavily struggling living with Elder who actually understands things like inflation and knows its not our generations fault and knows its more the Baby Boomers generation fault who spent beyond their means and didn’t save or invest beyond 401k and pensions and social security which likely wont exist when I turn 62+ because of radical and illogical money printing. My taxes do not even pay for the government. It pays the interest ( usury ) to Banking Elite that the Fed loans to the government. People need to figure it out that they are being suckered into Usury and transferring wealth from young to old in a thieving way since most of us wont ever see it. End Usury.

  126. @shawn2380

    May 7, 2024 at 9:07 pm

    Nice…mostly nails it. Glaring fails too. His SSI stab falls away from his own logic and premise but fits nicely into a robin hood righteousness.

  127. @cptnoname

    May 7, 2024 at 9:08 pm

    The moment you put a means test on social security is the moment it dies

  128. @chrisraymond4804

    May 7, 2024 at 9:09 pm

    Wow a ted talk worth listening to. Been a long time.

  129. @hwd7171

    May 7, 2024 at 9:09 pm

    Feminism/ 60 million aborted since Roe V Wade /Fatherless homes.
    Lack of Christian Values.
    This is why the West is failing.

    • @OrangeHand

      May 7, 2024 at 9:16 pm

      Sure, keep telling yourself that.

    • @hwd7171

      May 7, 2024 at 9:25 pm

      @@OrangeHand Marxism / Socialism / Communism only star-ves people to de-ath. And destrys everything it toucjes

  130. @jplourde11

    May 7, 2024 at 9:11 pm

    This is the best TED talk in many years. Where is Chris to do the post talk interview?

  131. @evanschackmann5312

    May 7, 2024 at 9:11 pm

    They applaud. They will go home and change their ways not one bit, but they sure did applaud.

  132. @chrisraymond4804

    May 7, 2024 at 9:11 pm

    I bought my first home for 205. I sold it for 350. It’s now worth 800. That is simply insane.

  133. @sweetmissypetuniawilson9206

    May 7, 2024 at 9:12 pm

    This man should run for president!

  134. @pmoormann

    May 7, 2024 at 9:13 pm

    Never trust a boomer multimillionaire for life advice. for investment advice I would trust him. Say Hi to Cara.

  135. @jasondavison4428

    May 7, 2024 at 9:15 pm

    Last one to leave the US (for a fair place), turn off the lights.

  136. @rubabsingh17

    May 7, 2024 at 9:15 pm

    Two years post grad facing lay offs and struggling to find new jobs in Canada…. Just managing high rent without falling into debt feels like a big win. Forget savings, real estate and fun outings, guilt creeps in with any expense.

  137. @jannwernecke7563

    May 7, 2024 at 9:18 pm

    Run for president if you want to make a difference and now is the time. We need someone to vote for!

  138. @hwd7171

    May 7, 2024 at 9:19 pm

    09:20 I agree we have the oldest average age Congress since Washington, Boomers just wont let go.

  139. @nancyjohnson4067

    May 7, 2024 at 9:20 pm

    The title should say How the Biden administration… The US has always been great until this FJB came into office

  140. @channelofstuff6662

    May 7, 2024 at 9:21 pm

    social security we pay into, alot of people never worked and get full benefits without the 40 quarters.

  141. @TheFort87

    May 7, 2024 at 9:22 pm

    Pulls the populist angle while teaching the top 10% he rails about after getting benefits of being part of the baby boom. The centrist liberal way of thinkimg

  142. @markeasley6149

    May 7, 2024 at 9:23 pm

    Social security is not opt in, if you pay into the system that is supposed to be your money. It is not designed as a wealth tax.

    What is more fair is to eliminate SS totally and instead for young people do privatized mandatory tax free savings accounts.

  143. @WhirlwindandHeatburst

    May 7, 2024 at 9:23 pm

    My Mom says I should “Continue education” even though I have no interest in university—and what would even be the point? I’m not becoming a debt slave and not being able to own a home anyway the way my parents were able to without college. Thank God I’m a minimalist.

  144. @user-yp2ps3gn3x

    May 7, 2024 at 9:24 pm

    So the idea that the Big Boys are STEALING their money from the poor and middle class? That is NEWS? EXCUSE ME?

  145. @TheBarnwalker

    May 7, 2024 at 9:24 pm

    Oh he’s from Vice. Lol 98% BS then.

  146. @hetarthpatel8297

    May 7, 2024 at 9:25 pm

    I am all for working hard and making money . I feel that information overload has messed up the world’s job market .The added stress is that the generation gap is something that some traditional older generations do not sympathise with. I graduated in 2021 top of my class, I applied to 1700 jobs then I got 1 !! It’s not that we aren’t ready to fight and struggle. It’s the uncertainty of will it all be worth it ?

  147. @alittlehelp812

    May 7, 2024 at 9:26 pm

    Scott has some great talks on his podcast but when he bring up what a great president we have, it takes all validity away. Current state of affairs and we have to worry about cannibalism.

  148. @placerdemaio

    May 7, 2024 at 9:26 pm

    haha

  149. @dennisstrasburg7105

    May 7, 2024 at 9:27 pm

    The first house we bought in 1969, San Luis Obispo, CA., cost us $19,900.00 with a $5000.00 down-payment gift from my father-in-law but by 1977 we had only been able to pay down only $1500.00 of the principal. We sold it for $38,900.00 and bought a house in Wilmette, IL. for $42,000.00 as that was the least expensive we could find. Both of our incomes could barely handle the payments. We struggled all our days and worried all of our nights as to how we would make it. Well we did and put all three of our children through college without getting a hand-out from anyone – indeed we both contributed to our charities! Now, at 81, we live month to month on our Social Security checks because there was nothing left to put into any kind of savings.
    Materialism and racism are the culprits and they have been eating into the vitals of America since they were imported from Europe and then America perfected them! Racism and materialism, cancers wrecking havoc and feeding on each other, have and will continue to bring America to its knees. Perhaps then, it will see that UNITY, not freedom, has been our greatest asset for it gives meaning to what America has and can still do. All the world has come to our shores – – – WE ARE THE WORLD in microcosm. If we do not get our house in order, the world will weep at our tragic end and the loss it represents and our enemies will applaud! Run, Run, Run when you hear it’s free – cause it ain’t. Whoever, wherever they came from, whatever your neighbor looks like, just remember God so loved them that He created them – just as He created you; so just love them.

  150. @JohnPedder

    May 8, 2024 at 8:49 pm

    I remain skeptical of anyone who, before a vast audience, vehemently advocates for societal reforms and, with tears welling up, using his family’s safety and others as his reason of concern. I recall a time when a mining OCE, who had previously emphasized the urgency of tasks regardless of safety concerns during pre-shut meeting, later confided in me that the immediacy of completing the job was paramount. Safety out the window. Tears the previous day about family. Lies.

  151. @cathyortiz1280

    May 8, 2024 at 8:51 pm

    I agree with almost everything but getting rid of social security. We could still have it for even future generations if we just lowered $ to the military. FDR started it because moat people just won’t save enough $ to retire. You get rid of it & you’re putting most elderly out on the streets. Even with it, the elderly are the 2nd highest homeless population in San Diego because of the insane rising prices of rent! As for people having kids, it’s not for everyone. Some people are happier without them. Kids take time & money. Having been in education most of my life, I have seen way too many messed up kids from people who were totally clueless on how to raise them. Some selfish or trying to be their kids friend instead of being a good parent, etc. We need to have Child Development & basic parenting skills taught in HS!

  152. @MH-ru8he

    May 8, 2024 at 8:53 pm

    Good points but his cynicism and sarcasm distract from the message. It just seems like he’s trying too hard to look cool and edgy versus allowing us to focus on the message.

  153. @livingritual1965

    May 8, 2024 at 8:54 pm

    NO!!!!!!!!!!!!!!!!!!!!!!!!

  154. @jackielone1035

    May 8, 2024 at 8:56 pm

    How convenient to keep the military spending out of the equation or the government bail out of the big corps, but target the elderly. Inter generational division is his aim. No truth teller gets a special on CNN. A resentful AH a tool of military and big corps in sheep’s clothing. A stereotypical American “intellectual”.

  155. @LVVMCMLV

    May 8, 2024 at 8:58 pm

    Bullshit…….

  156. @MrArkBrian

    May 8, 2024 at 8:59 pm

    What’s so wrong and bad about hardships? They help you grow and define your character. You learn in life to appreciate what you do have through not being able to acquire things easily. Handouts, freebies, etc. tend to be worthless. These aren’t the hardest times America has ever faced. Be strong and don’t live in fear. Don’t cry defeat just because of a struggle. Humankind is helping humanity grow now, more than ever in our history. Now is the best time to be alive.

  157. @MikeHawk-zh3yl

    May 8, 2024 at 9:01 pm

    That’s it colleges take in more money from the wealthy that’s why they don’t care what the kids think or say. Have to listen to the money

  158. @ljn369

    May 8, 2024 at 9:05 pm

    I’m 24. I’ve worked for a mortgage company, as a 911 operator and as a USPS clerk. I’ve never been able to afford to live on my own. At this point, I’m just putting anything leftover away and hoping I can afford my parents’ house when they eventually pass away. Im planning on living in my childhood home for the rest of my live.

  159. @globalfamily8172

    May 8, 2024 at 9:06 pm

    I hate to say this, but a lot of people are suffering besides young people. Believe it or not, my home did not gain more than 15% equity in the last 15 years and I can’t afford the taxes after retirement. Can’t move because I still have a mortgage. I will be renting the basement.

  160. @nuothe11th

    May 8, 2024 at 9:07 pm

    It brings tears of joy to my heart seeing this video exist. So much of this can be traced back to fall out from war and baseless fears. Joe McCarthy planted the seed, Ronald Reagan allowed it to flourish. We’re now living in a world, where it’s automatically assumed that every penny of corporate profit is earned simply because it came into existence. The toxicity of this mindset is overcome only by its sheer idiocy.

    God bless you, Scott Galloway.

  161. @globalfamily8172

    May 8, 2024 at 9:09 pm

    As for SS, I don’t want it nor do I want to pay into it. Just increase my taxes and call it what it is.

  162. @danw4685

    May 8, 2024 at 9:10 pm

    Best TED Talk I’ve seen in a while.

  163. @countchandler5835

    May 8, 2024 at 9:12 pm

    Brother needs to run for president

  164. @marcv2648

    May 8, 2024 at 9:14 pm

    Ugh. Wrong solutions. We don’t need any more socialist solutions to fix the socialist problems we already have. We need less government spending, fewer government programs, fewer regulations. Do not depend upon government funded institutions for your future. We need fewer universities and less time wasted pursuing worthless college degrees.

  165. @Steve-dy1zv

    May 8, 2024 at 9:14 pm

    Diagnoses many of the right problems, and mis-identifies many of the reasons. Except social media. I completely agree on social media.

    • @Steve-dy1zv

      May 8, 2024 at 9:18 pm

      UBI doesn’t work, btw. It fails everywhere it is tried. It’s just not compatible with human nature, nor is it a moral system. We need to fix the structural problems (like not letting recessions happen) before pasting a huge dysfunctional band-aid like UBI over everything.

  166. @NoNameToHave

    May 8, 2024 at 9:18 pm

    Welcome to China, dude!

  167. @patrickmelson4745

    May 8, 2024 at 9:18 pm

    What… Social Security is paid for by the individual! Should be able to opt out of it!

  168. @hahahahaa5224

    May 8, 2024 at 9:19 pm

    So yes, don’t work and lose even harder?

  169. @nintendork900

    May 8, 2024 at 9:21 pm

    Great presentation. But Trudeau is horrendous. Just because he’s young doesn’t mean he’s good at his job!

  170. @BebehCookieIcecream

    May 8, 2024 at 9:23 pm

    Thank you so much for this. 27 now in a post-secondary co-op with a disabled partner and there is no safety net: I either achieve something exceptional or we quite literally end up on the street. It’s a terrifying tightrope for our generation today, and God forbid you’re of a minority demographic that has heightened and/or incongruous struggles.

  171. @denisereadstarot

    May 8, 2024 at 9:25 pm

    So sad. This is depressing

  172. @UserUser-zc6fx

    May 8, 2024 at 9:25 pm

    So I guess old and middle age people don’t need their pensions, savings and equity either?

  173. @naaryn08

    May 8, 2024 at 9:26 pm

    The most watched video ‘Ted’ has had in over 6 months. Not by coincidence, but rooted in unfortunate truth.

  174. @backyardstrummer3856

    May 8, 2024 at 9:27 pm

    I dislike Galloway for a number of reasons, and this is a desperate deep state populist proposal because his zionist cohorts are scared of losing power to a younger generation that is more open to actual socialist policies. Note that he doesn’t mention healthcare at all in his presentation, and yet it is one of the biggest issues/concerns for the younger generations. Unlike multimillionaires like galloway who can afford the best healthcare, folks who are just getting by have little or no access to quality healthcare. We need a nationalised healthcare system that eliminates the profit motive

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Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
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Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

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Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
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