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I respectfully disagree here. The US has seen a sharp decline in children earning more than their parents. 90% of people born in 1940 earned more than their pa
by save_ferris 7y ago
I respectfully disagree here.
The US has seen a sharp decline in children earning more than their parents. 90% of people born in 1940 earned more than their parents, compared to just 50% in 1985, a trend that we simply aren't doing enough to correct[0]. We're on our way to a new gilded age, but perhaps your kids will among the fortunate and not of the "useless class", as Yuval Harari would say.
As technology and AI continue to progress, it's going to become harder to educate and train the workforce, and perhaps more importantly, re-train them as human skills continue to fall into obsolescence. I look at my baby nephew and hope that he'll be able to find solid-paying work one day, but that just isn't a given anymore.
0: https://www.npr.org/sections/thetwo-way/2016/12/09/504989751/u-s-kids-far-less-likely-to-out-earn-their-parents-as-inequality-grows https://www.npr.org/sections/thetwo-way/2016/12/09/504989751...