What Do Scott Galloway And My Last AI Art Photo Project Have In Common?

What Do Scott Galloway And My Last AI Art Photo Project Have In Commo, you may ask, well... the next generation.

I just finished a 4 days exhibition of my latest AI project in photography called "They are staring at us (have we failed the next generation?)" which featured a multiple composed by 30 black and white portraits of 8 year old kids from all over the world with one thing in common - they are staring at us, angry, worried, disappointed.

Have a look here:

Today walking along the river here in Torino, I watched the latest Scott Galloway TED talk called "How the US Is Destroying Young People’s Future" and it immediately resonated.

I know, you may like or dislike the guy, I myself tend not to agree 100% with many of the things he says, but still I have learned to listen and use what captures my attention.

There is a lot of data/charts in the video and the way the problem is epxlained sounds relevant. I believe it's worth a watch.

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The Great Intergenerational Theft: How We're Failing Our Youth

In his compelling TED talk, Scott Galloway, a professor at NYU, sheds light on the alarming truth about the state of our society and how we are systematically failing our younger generations. Galloway argues that the social contract, which once ensured that each generation would have better prospects than the last, has been shattered. He presents a compelling case, backed by data, that highlights the purposeful transfer of wealth and opportunity from the young to the old.

Galloway points out that the purchasing power and prosperity of younger generations have been steadily declining. The cost of buying a home and pursuing education has skyrocketed, while wages have stagnated. This has resulted in a situation where, for the first time in U.S. history, a 30-year-old is no longer doing as well as their parents were at the same age. The righteous anger and frustration felt by the younger generations are justified, as they are being denied the same opportunities and prosperity that were afforded to previous generations.

The speaker also highlights the role of higher education in perpetuating this inequality. He argues that universities have become more focused on creating a super class of billionaires rather than providing opportunities for the bottom 90% to reach the top 10%. Galloway proposes a solution: the government should provide funding to public institutions in exchange for reduced tuition, expanded enrollment, and an increase in vocational certifications and nontraditional four-year degrees.

Galloway also addresses the disparity between the growth of corporate profits and wages, emphasizing that capital has been "kicking the shit out of labor" for the past 40 years. He critiques the tax breaks given to corporations and the ultra-wealthy, likening it to rewarding winners with silver and bronze medals in addition to their gold.

The talk takes a poignant turn when Galloway discusses the emotional and mental well-being of our youth. He argues that social media, particularly Facebook, has done more damage to young people than any other entity in history. The graphs he presents show alarming increases in self-harm rates, depression, gun deaths, obesity, and overdose deaths among the younger population. Galloway warns that we are raising a generation of leaders who hate America, and questions how we can be so foolish as to allow this to happen.

Despite the bleak picture painted, Galloway remains optimistic that change is possible. He presents a range of solutions, including increasing the minimum wage, implementing a progressive tax structure, reforming Social Security, breaking up Big Tech, and investing in mental health programs. He stresses that the United States has the resources to address these issues, but lacks the will to do so.

Galloway concludes his talk with an emotionally charged question: "Do we love our children?" He argues that if we acknowledge the importance of our children's well-being and prosperity, recognize their declining prospects, and understand that the transfer of wealth from young to old is not accidental but purposeful, then we must take action. The solutions are available, and the resources are there; it is up to us to demonstrate our love for our children by implementing them.

Key Takeaways:

1. The social contract ensuring better prospects for each generation has been broken, leading to a purposeful transfer of wealth and opportunity from the young to the old.

2. Higher education has become more focused on creating a super class of billionaires rather than providing opportunities for the bottom 90% to reach the top 10%.

3. The disparity between corporate profits and wages has been growing, with capital consistently outpacing labor.

4. Social media, particularly Facebook, has had a detrimental impact on the emotional and mental well-being of younger generations.

5. Solutions to address these issues exist, but the United States lacks the will to implement them.

Quotes:

1. "This is a breakdown in the fundamental agreement we have with any society, and it creates rage and shame."

2. "Here is a memo to my colleagues in higher ed: we're public servants, not fucking Chanel bags."

3. "I think Mark Zuckerberg has done more damage to the young people in our nation while making more money than any person in history."

4. "We have the money, but we decide not to do it."

5. "Do we love our children?"

In summary, Scott Galloway's TED talk is a powerful wake-up call to society. It exposes the systemic issues that have led to the decline of opportunity and prosperity for younger generations and presents a compelling case for change. By implementing the solutions he proposes and prioritizing the well-being of our youth, we can begin to rectify the great intergenerational theft and restore the promise of a better future for all.

This is episode No. 126 of my LinkedIn newsletter, A guy with a scarf.

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