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Why Young People Are Worse Off Than Their Parents — and What To Do About It | Scott Galloway | TED

In this special conversation, NYU marketing professor Scott Galloway and head of TED Chris Anderson dive deeper into Galloway’s explosive recent TED Talk, which has been seen by millions and ignited conversations about what he calls “the great intergenerational theft,” or how older generations are stealing prosperity from the young. With razor-sharp insights on the…

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In this special conversation, NYU marketing professor Scott Galloway and head of TED Chris Anderson dive deeper into Galloway’s explosive recent TED Talk, which has been seen by millions and ignited conversations about what he calls “the great intergenerational theft,” or how older generations are stealing prosperity from the young. With razor-sharp insights on the skyrocketing cost of housing, the mental health crisis created by social media, reckless government spending and more, Galloway explores bold solutions to the most pressing issues facing young people — and delivers a few spectacular rants along the way. (If you’ve already seen Galloway’s TED Talk, skip ahead to 20:25.)

00:00: Introduction
02:18: Scott Galloway’s TED Talk at TED2024, “How the US is destroying young people’s future”
20:09: Chris Anderson interviews Scott Galloway

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90 Comments

90 Comments

  1. @Jazztral

    July 18, 2024 at 1:22 pm

    If we ban phones in school, then school needs to be engaging. Actually, regardless of a ban, school needs to be engaging. It was an inefficient waste of time for me (I bet lack of funding and wages has something to do with it). I was too smart to study, and I lost 4 years off my life because I didn’t know how when I tried college for the first time.

    If we put more people into college, then they NEED to prepare them better. That will be the next problem to solve: the reform of our education systems.

    • @samuelwebb6827

      July 18, 2024 at 4:05 pm

      Agreed. I’m a 5th grade teacher, and if you provide teachers with the resources they need ($$$) schools will have better programs, classes and class sizes, and teachers and students will have better lives. Everything starts with education, better training AND better funding.

    • @Chris-es3wf

      July 18, 2024 at 5:09 pm

      ​@@samuelwebb6827Most teachers seem more concerned with pushing feminist and DEI agendas. No thanks no more money for that nonsense.

    • @harisdiz.5817

      July 18, 2024 at 7:58 pm

      It’s a programming system, not an educational.

    • @jimmytimmy3680

      July 18, 2024 at 8:23 pm

      More like make all Colleges State owned, not Capitalist rent seekers. Also Healthcare, Utilities and Transportation,

  2. @ABitefLife

    July 18, 2024 at 1:23 pm

    All I said is no one on either side should want project 2025 and you deleted my comment . Interesting

    • @Chris-es3wf

      July 18, 2024 at 3:17 pm

      Why are you obsessing over a platform that hasn’t been adopted. Lapping up the propaganda I see.

    • @negativghostrdr

      July 18, 2024 at 5:24 pm

      @@Chris-es3wf Why would a platform like that be offered? Thrown against the wall to see if it sticks? Where’s ‘the real plan’ that we should be paying attention to instead?

    • @InfoSopher

      July 18, 2024 at 9:23 pm

      @@Chris-es3wf Some of the actual supporters of Trump have had their fingers in 2025. So at least some parts are bound to be adopted. But I don’t have an overview on it. So I suspect the ideas in it are rather diverse.

  3. @The.world.has.gone.crazy...

    July 18, 2024 at 1:36 pm

    It’s the same in Europe. The reason is simple mr Galloway: it’s simple GREED.

  4. @ZeroSleepTV

    July 18, 2024 at 1:50 pm

    Netflix or someone could turn Scott’s collective work into a fascinating road trip series thru America and Europe. Accompanied by thought leaders and everyday people affected by the mismanagement of our collective society. How CNN screwed up their access and exposure to this genius is mind boggling…

    • @jimmytimmy3680

      July 18, 2024 at 8:25 pm

      Easy, the capitalists will not expose their system.

  5. @metta8

    July 18, 2024 at 1:52 pm

    Gesh, takes being opinionated to a new level! Some stuff I agree with. Many other things I don’t. I think he would be annoying to talk to.

    • @Chris-es3wf

      July 18, 2024 at 3:16 pm

      And yet you don’t make any counter-points… only name calling.

    • @metta8

      July 18, 2024 at 3:19 pm

      lol….I didn’t name call him.

    • @Chris-es3wf

      July 18, 2024 at 3:53 pm

      ​@@metta8you called him annoying. Again, you said “I disagree. [Insert Negative personal attribute]. That’s how a 16yo girl argues lol

    • @negativghostrdr

      July 18, 2024 at 5:26 pm

      @@Chris-es3wf See mine above. I whole-heartedly agree.

  6. @The.world.has.gone.crazy...

    July 18, 2024 at 1:59 pm

    It’s going to take an actual revolution to change things. In Europe we are a bit more lucky with our social systems, but they are being miss used by immigrants and fake refugees. Wages are stuck for 40 years. And housing has gone up way to much for even people that are 40.

  7. @CW-bw7pv

    July 18, 2024 at 1:59 pm

    A lot of people have just essentially given up. It isn’t just in western countries either. It’s not going to get better.

  8. @jackovoltraids5937

    July 18, 2024 at 2:11 pm

    I’ve always thought it made sense to tax the dollar, not the person. If all men(and women) are created equal then the fairest thing to do is tax the dollars they exchange between them because the rich exchange more of it and there’s supposed to be no difference between us and them.

  9. @Jack-tk3ub

    July 18, 2024 at 2:28 pm

    Agree with much of what is said, but the root cause is wealth inequality. This could equally be framed as the super rich vs the workers. There are poor elderly people and super rich young people (inherited wealth). I believe Scott is using the idea of young people suffering as a motivator to address increasing wealth inequality.

    • @jimmytimmy3680

      July 18, 2024 at 8:21 pm

      In other word: capitalism.

    • @Marktheshark-e7f

      July 18, 2024 at 9:17 pm

      ​@@jimmytimmy3680Actually if you regulate capitalism it’s a good system. What the USA was until the mid 70s or so. Trickle down economics is a truly evil way to run things. Things are changing but the next few years are going to be very bad.

    • @jimmytimmy3680

      July 18, 2024 at 9:20 pm

      @@Marktheshark-e7f Can’t regulate greed and power. They have bought the govenrments.

  10. @OneaeBlack

    July 18, 2024 at 2:36 pm

    What ever happened to make things better for sake of children opportunity safety first?

    • @Chris-es3wf

      July 18, 2024 at 3:18 pm

      Boomers happened

    • @OneaeBlack

      July 18, 2024 at 4:21 pm

      @@Chris-es3wf And I Ask Why, Why Did They Give Up On The World? Captain Planet Remember? Recycle Reduce Reuse?

    • @OneaeBlack

      July 18, 2024 at 4:33 pm

      Sickness Is Laziness.

    • @jimmytimmy3680

      July 18, 2024 at 8:25 pm

      Capitalism happened.

    • @OneaeBlack

      July 18, 2024 at 8:48 pm

      @@jimmytimmy3680 Why American 90’s Kids Boomer Humor Parents Give Up On The World? Please Why? Recycle Reduce Reuse?

  11. @bert5376

    July 18, 2024 at 3:07 pm

    Hey Scott, change your battery on your fire alarm. Your welcome👍

    • @Chris-es3wf

      July 18, 2024 at 3:52 pm

      Hey bert, write funnier comments. You’re welcome. 👍

  12. @LitHouseTieDye

    July 18, 2024 at 3:19 pm

    People should be mad at the food companies that filled food full of addictive sugar that destroys the digestive system and makes people obese, not at Scott Galloway for pointing it out. Speaking as a poor thin person who comes from a family of poor fat people.

    • @jimmytimmy3680

      July 18, 2024 at 8:22 pm

      Healthy food is expensive and scarce.
      Capitalism makes it cheaper to pump those chemicals.

  13. @rodintoulouse3054

    July 18, 2024 at 3:42 pm

    Beautiful talk. Emotional and factual at the same time. Such a rarity nowadays! I hope it gains enough traction to start change and end the obscenity of excessive wealth and speculation in favour of real work and human dignity. There is more than enough to sort out the big problems of the world.

  14. @coeuznatas

    July 18, 2024 at 3:49 pm

    He makes 16 million a year? Damn, I want to be a professor!

    • @negativghostrdr

      July 18, 2024 at 5:25 pm

      He makes that spewing BS that angry, downtrodden people want to hear. Much like Trump.

    • @jimmytimmy3680

      July 18, 2024 at 8:27 pm

      Why college is so expensive.

  15. @DarkoNomad

    July 18, 2024 at 5:38 pm

    Welcome to tech and corporate feudalism kids.

  16. @LeahsThings

    July 18, 2024 at 5:39 pm

    I’ll be honest, the initial TED talk had a lot of really good points, even if I didn’t agree necessarily with 100% of them (or not implemented exactly as he’s suggesting)– but hearing him answer questions deepened the disagreement. I was honestly expecting the opposite, but he seems pretty obstinate about things that he either misunderstands or are entirely personal opinion/conjecture…
    I think the original TED talk works so well because Galloway (for the most part) stuck to measurable facts and figures, and explicit policy suggestions. Him ranting on his own conjectures and beliefs really loses me.

  17. @MandoPrime1138

    July 18, 2024 at 5:41 pm

    Great, another old person saying how bad young people are

  18. @MauricioGonzalezFilms

    July 18, 2024 at 6:22 pm

    20:10 – interview begins

  19. @deanisplemoni

    July 18, 2024 at 7:21 pm

    *broadly gestures at everything around us*

  20. @ElijahPerrin80

    July 18, 2024 at 7:38 pm

    Blatant economic slavery with a smile.

  21. @rikachiu

    July 18, 2024 at 8:04 pm

    I agree with a lot of what he is saying but most seniors would be homeless without social security. The transition phase would be difficult

    • @Needkey.

      July 19, 2024 at 3:13 am

      His specific point is that those that need it, keep it. Those that don’t, don’t. They’d look at cash reserves and income to determine who gets it and who does not. Some rich married couple with three houses and $5000 a month in dividends wouldn’t get it anymore.

    • @rikachiu

      July 19, 2024 at 12:01 pm

      @@Needkey. Sure, but a significant amount of retirees only have social security to depend on. I believe it was at least 50% or more

    • @Needkey.

      July 19, 2024 at 4:04 pm

      @@rikachiu They would keep it. The wealthy would not.

  22. @jimmytimmy3680

    July 18, 2024 at 8:20 pm

    Capitalism.

  23. @FirstNameLastName_255

    July 18, 2024 at 8:44 pm

    Very boomer title

  24. @Daymnwheresmycola

    July 18, 2024 at 8:50 pm

    Scott – Thank you thank you thank you thank you thank you. You are one of the only wealthy boomers that makes any sense anymore.

  25. @flowertowerrr

    July 18, 2024 at 9:19 pm

    Boomers watching clapping their hands and saying they ought to do something! Then they go home and watch TV

  26. @DebbieSandersfeld

    July 18, 2024 at 9:43 pm

    The only question I have is what is the point of “wealth” – is it so the person with never has to “work” again – is that the “American Dream” to never work? What is the goal of getting so much “wealth” – is the goal to bury the body in gold, no thanks – from dust to dust – just blown in the wind. Thank you for at least talking – the kids really need someone to stand up for them! They are here to help us – listen to the young that have some great ideas. Money is just a way to trade – plain and simple. “Money should be like sunshine grandma” told to me by a 4 year old way back in 2001!

  27. @kimws33

    July 18, 2024 at 9:50 pm

    어른들이 모범을 보여야 하는 데
    쾌락과 퇴폐 문화에 많이 오염된 것 같아요
    인문학과 철학이
    과학의 발전과 더불어 필요한 시대입니다

  28. @jeremykeckler7159

    July 18, 2024 at 11:32 pm

    Definitely need more 3rd spaces

  29. @jeremykeckler7159

    July 18, 2024 at 11:34 pm

    Yang 2028

  30. @eltullis

    July 19, 2024 at 12:51 am

    How about you have more business leaders like James Couzens or “Engine” Charlie Wilson?

  31. @matthewnelson4298

    July 19, 2024 at 3:17 am

    The united states is not the greatest country in the world

    • @General8675

      July 19, 2024 at 10:45 am

      Name the greater one.

  32. @DwainDwight

    July 19, 2024 at 3:33 am

    Scott is awesome. Run for office mate.

  33. @jedics1

    July 19, 2024 at 5:41 am

    Possibly the most powerful group of words put together in the last decade….

  34. @trungvo3046

    July 19, 2024 at 7:43 am

    Well, you were terrible parents. However, we were terrible students. That’s the effect of an advancing modernity. Here lies the opportunity to adapt to profound convenience and recreation without having to go back to the stone age sort of speak. “Our brains were not wired for this.” It will be. Big fan, professor.

  35. @roman_dimaggio

    July 19, 2024 at 10:21 am

    He lost me near the end at the “students don’t care about Palestine” and then he ultra lost me at the manosphere talk about mating. Yuck 🤢

  36. @tylerclaycomb-gw3vn

    July 19, 2024 at 11:49 am

    Social media communities for a gay kid, is an “artificial community”, it more harmful than beneficial

  37. @bethdejuan8909

    July 19, 2024 at 12:16 pm

    Scott Galloway should run for US president. He is on spot of the current disasters young people facing.

  38. @Enigma1336

    July 19, 2024 at 12:33 pm

    That we have our two current presidential candidates in the US while this person exists is overwhelmingly frustrating.

  39. @bernob9770

    July 19, 2024 at 1:05 pm

    This is just crazy!

  40. @user-bb7zv9ut8q

    July 19, 2024 at 1:35 pm

    Да просто нравится что у кого то получается привлечь внимание к реальным проблемам, пусть это даже и далеко до их решения.

  41. @Mtn603

    July 19, 2024 at 2:04 pm

    Similar to Scott, I’m a person who came from very humble beginnings, and earned success in the financial industry after working my way through college. It quickly became evident that my clients, and even myself, were benefiting disproportionately from our compensation and tax structures. Major financial players, such as Buffett and Dalio, have pointed out these oddities for years, but remained mostly out of the mainstream narratives. I always wondered when an outspoken person would step into the mainstream and point out these trends, and I’m so pleased that Scott has hit the scene. His message is so on point with the common sense solutions we’ve for so long discussed in the office.

  42. @AdenwalaM

    July 19, 2024 at 2:35 pm

    Very spirited talk by Professor Galloway. I fully agree that improvements in communication technology has allowed efficient (for profit) exploitation of tweaks in cognitive faculty, we the humans, are almost embedded with. Efficiency of such exploitation has speeded up various ugly outcomes for the society that he lays bare in his talk. Issues mentioned in the talk, however, are not new. Manufacturing Consent by Professor Noam Chomsky, 2007 talk at UC Berkeley by (then) Professor Elizabeth Warren “The Coming Collapse of US Middle Class”, and 2002 BBC documentary “The Century of the Self” by Adam Curtis (as also his subsequent documentaries on guiding the masses through creating, guiding, and effectively feeding narcissism of people, as also to use of fear to guide and control behavior of masses – purportedly to prevent anarchy), are few well-known examples on the issues raised in the talk.

    What needs to be recognized is that under the influence of propaganda, the minimum wage earner not only nurtures their addictions, eats unhealthy food, or ignore education or health of their children, but also spends a significant percent of her income on frivolities like, say, regular manicure. And yet, there is profound silence about anyone suggesting regulation of the propaganda. Advertising is considered a profitable art of persuasion. Public Relations Industry in USA, which has not only been instrumental in causing the mentioned outcomes in USA, but is known to have successfully manipulated and adversely influenced elections in free societies, and has also devastated various societies across the world. As yet there is no mention of the industry and its significant contribution in tragic outcomes for someone’s profits or power. As Michel Foucault had observed: “Society operates its censorship through silence.” Perhaps it is time that academics throw some light on the Public Relations Industry in USA.

  43. @nabeelkhan6470

    July 19, 2024 at 10:31 pm

    Long time fan of Prof G here and I love his point of view on today’s biggest social problems. That said, I am struggling with this cognitive dissonance of what he really stands for. On the one hand, he seems to speak from the heart and him welling up on the last slide got me teary as well. However, on the other hand, I cannot reconcile that he is unable to see the plight of Palestinian kids who have died and been maimed by the thousands. He has been a staunch supporter of the Zionist government and his bravado and outspokenness doesn’t seem to show up when it really mattered.

  44. @pathfinder3175

    July 20, 2024 at 12:57 am

    I’m finally making $27 an hour and not living paycheck to paycheck and can save some money at 40 years old and 3 college degrees.

  45. @franjkav

    July 20, 2024 at 10:01 am

    Ignoring the corporate aspect, Dove et al weren’t promoting or celebrating being fat. Their advertisements even know are meant to show more diversity in body types. It does include fat women because they buy soap too duh. But really this was propping up the “body positivity” trend which also was not meant to celebrate being fat. It’s about having respect and positive self regard for one’s own body. Loathing or hating your own body is discouraging for some and works against goals of getting healthier. This is even more important for those with disabilities and health conditions that make it harder. And to add context, this all came after a couple decades of the crazy unhealthy and unattainable anorexic looking beauty standard. I was in my preteens in the early 2000s and I was incredibly self conscious about having a little belly pooch even though I was a normal weight.

    The current movement is “body neutrality”.

  46. @Sol-Invictus

    July 20, 2024 at 10:20 am

    It’s an efficient and rational way of communicating. But I’d generally argue it takes decades to gather all the relevant information and he seems to have stayed up to date on current research.

  47. @tumbleweedjones

    July 20, 2024 at 11:50 am

    Forty years of stagnant wages.

  48. @TylerFlood83

    July 20, 2024 at 12:42 pm

    Then don’t be complaining, Boomer parents, when your children stop visiting you for Christmas because they can’t afford another trip in the budget due to their mortgage swallowing up half their paycheck

  49. @LordKroc

    July 20, 2024 at 1:00 pm

    Love Scott, but his take on TikTok is completely wrong.

  50. @sirloin869

    July 20, 2024 at 1:33 pm

    “More and more young people aren’t in school, working at jobs, or even in training”

  51. @s.m.4198

    July 20, 2024 at 1:53 pm

    👏🏿👏🏿Scott Galloway 2028‼️👏🏿👏🏿How can we get you to lead the country out of these problems?

  52. @s.m.4198

    July 20, 2024 at 1:55 pm

    The fact that you have no interest in leading the country makes you even more desirable. Tired of egos and ambition running the show.

  53. @davebarbetta

    July 20, 2024 at 3:37 pm

    It’s a nice trick to say you’re not trying to be right, it’s like giving yourself a license to use manipulated and misrepresented data, and then be able to fall back if anyone is smart enough to point out the dishonesty.

  54. @darylgholson1754

    July 20, 2024 at 6:46 pm

    The government collects all our taxes and in turn, neglects certain groups in our society. Democrat/republican is perfect system to never change anything

  55. @darylgholson1754

    July 20, 2024 at 7:08 pm

    Ask JFK, Malcolm X, MLK…when you speak anything other than democratic and republican rhetoric you will be attacked in this country unfortunately. Powerful people have no interest in change.

  56. @Billabonggg2011

    July 20, 2024 at 7:15 pm

    I’m a fat person who doesn’t support ‘fatshaming’ and what Scott has said about this issue isn’t fatshaming. I also work in healthcare, and obesity is a real health crisis – that doesn’t make the people suffering from it any less worthy of love or respect (so telling people they’re lazy and unmotivated and gross is NOT what I’m talking about here). Calling out these food companies for filling their items with addictive sugars (and also the infrastructure of food markets where THOSE are cheap and affordable and healthy foods are more expensive) is a matter of addressing societal health, not body shaming people. We have to recognize that wealth inequality affects people at all levels of this issue – people can’t afford gym memberships or can’t afford not to work 3 jobs to pay their bills and support their families and don’t have time to work out, etc. I think we can celebrate that obese people are worthy of love and respect because they’re people while also communicating to them their health matters because THEY matter and they deserve to be healthy.

  57. @andrewstahl2274

    July 20, 2024 at 9:23 pm

    Scott really speaks to me. I live in South Dakota and don’t really think a 25 dollar an hour wage would work because it would eliminate too many employers. The negative tax sounds in context but he didn’t really explain it well enough.

  58. @dannythe2646

    July 21, 2024 at 8:23 am

    I am a 27 year old guy from Italy and I found this talk and the previous one very interesting. I’m amazed by the fact that Scott Galloway adresses these important issues, for instance economic policies, social media and the food industry, all in once. Even if he speaks about the US, many of these problems exist also in Italy and in many developed countries. As presented in the talk, many of this topics are linked and to improve our situation now we need a systemic change. In my opinion this is true also for another big problem of our time: climate change.
    But most of all I have to say that I am profoundly grateful for this speech because it shows real emphaty from a 60 year old men to a generation of young people like me that is struggling.
    So thank you Scott, at the moment you are my hero!

  59. @franziskafuhry5638

    July 21, 2024 at 1:49 pm

    He has some interesting points, but I think he tries to say to much in too little detail. A lot of the statistics he showes shine in a very different light, once you set the filters a bit differently. But he doesn’t take the time to look into any topic, because he thinks he already has it all figured out.
    He never says “I don’t know” in the interview, although he most certainly doesn’t know a lot of the answers. Instead he diverts to a other point he feels comfortable with, all the while talking so quickly and confidently, that it’s difficult to follow him.
    That’s great rhetoric, but no good basis for any kind of decision process, be it political or personal.

  60. @ArtArtisian

    July 21, 2024 at 9:30 pm

    Shame the man isn’t interested in running for president…

  61. @superscripter9604

    July 21, 2024 at 9:44 pm

    Make this man president.

  62. @Welcome-421

    July 22, 2024 at 2:36 am

    الوفاء شخص معك في كل الظروف وليس على حسب الظروف..

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