The Luckiest Unluckiest Generation

The National Journal makes the point that the Millennial Generation is the unluckiest generation.


Because it is also the luckiest.

The Millennial Generation is loosely defined as the generation of Americans born in the 80s or 90s. Obviously, a lucky generation wouldn’t have the exact date of their creation, right? Just like every tool becomes a weapon and every weapon becomes a tool, technology has shaped this generation’s limitations and opportunities as no other.

The National Journal’s main point — although they’re a little wishy-washy about it — is that technology has replaced a lot of the jobs that former generations could access. Computers have increased production and automation has totally transformed the job market. That’s all true, too. And this is just beginning. We haven’t seen nothing yet.

However, the article stumbles a bit on just what advantages that technology has introduced. After all, Millennials have more computer power in their pockets than most university computer labs had in their facilities just a few decades ago. The technology has created turmoil, but every period of massive change has a transition period.

Technology is also starting to break the chains of wage slavery for this next generation of workers. More Millennials can create their own businesses online. They have access to apps and tools that give them the power of dozens of corporations at their fingertips. There are also more ways to earn money–blogs, websites, app development, affiliate businesses, etc.. We can’t forget, either, that ┬ámore Millennials can arrange their work in ways that just was not possible in previous generations.

The jar is definitely half-filled for Millennials.

Or is it half-empty?

What do you think?



4 thoughts on “The Luckiest Unluckiest Generation

  1. Ashish

    Jar is more than completely filled for us Millenials.

    We are definitely the luckiest Generation in the History of Mankind.

  2. Bret @ Hope to Prosper

    The unluckiest generation in modern American history is also known as the Greatest Generation. They were the kids who grew up in the Great Depression and then fought in World War II. Compared to them, the Millenials don’t really have much to complain about.

    “Man this sucks, my cell phone only gets 3G. It’s so unfair that my classmates got nicer cars for graduation than me. I can’t get a job I like, so I’ll just have to live at home until I’m 30.”

    I know I’m being a little harsh, but I have two millenial kids. They have a ton of opportunity available to them. What they don’t seem to have is a ton of ambition. The Millenials who hustle are going to have it made. Those who don’t will have a future in retail.

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