Each generation has its own unique traits. People change, tech changes, economies change. I read something interesting about how every generation seems to have its own perks based on the times they live in. For instance, back in the day, land was super cheap because not much development was happening. Our parents really benefited from this as businesses began looking for space to set up shop. Now, the current generation had the whole business boom. There wasn't much competition when malls started popping up, so if you built one, it drew in a crowd right away. Looking ahead, I think our kids are gonna have social media as their big advantage. It's not just a place to chat or waste time anymore; people are actually making bank from it. Many content creators are raking in crazy money, often without us even noticing. Who knows, the next generation might rely heavily on AI for their opportunities.
With all these shifts over time, we gotta recognize that some of the economic advice from the past just doesn't hold up anymore, like buying land it's a lot tougher and pricier now.
Youre not wrong in your assertions on how things have changed and how every generation have got some sort of advantage on certain aspects to life and living.
We have come to a time where, the new generation find certain things very hard to get from the old times where as, certain impossible have being made possible in this era by the advent of technology and industrialization.
This has being the kicker for our time. We have all the knowledge, all the tools, all the sectors, human and capital resource in all aspects of work, concepts that addresses certain issues and yet we struggle in our economy which makes you wonder what use is/was all the studies, concepts and models.
Social media does not generate profits at all for everyone. Even OnlyFans earns a lot of money from a few dozen, maybe a hundred models, and everyone else gets fifty dollars a month at best. Similarly, only a few people earn a lot of money on social networks. At the same time, it's being trumpeted everywhere that it's easy to make money there. It's like investing in securities or forex - the market needs hamsters, and social networks need the same hamsters that are a commodity for sale to advertisers. I read that for the first time in the history of observations, Generation Z is dumber than its parents (this is a consequence of the advent of smartphones). This is a huge army of stupid hamsters, confident that a social media account will bring millions of dollars to everyone.
I wont say dumber , is more of lazier due to advance technology in their reach . I wont blame them though as technology and economics advances things tend to change, In the past, many tools required a lot of manual labor. Today, machines do most of the heavy work, so people dont need the same level of physical effort. That doesnt necessarily mean theyre lazy it means the environment has changed. . Tbh this generation are actually smart due to the exposure of advance technology at early ages , Some children can operate mobile devices almost as soon as they begin speaking.
Regarding social doesnt generate profits . It actually boils down on how that particular individual make use of it ,social media is more of entertainment focused , but the broader internet provides access to valuable information. With proper research, people can learn almost anything more easily than before.
You have a vital point, as every era comes with its own advantages and sources of money making and investment. But what you forget to consider is that each era and its opportunities come from the perspective of the people in that era. For example, in our parents era, they were more focused on physical investments because technology was not advanced then. That is why most of those who were successful invested in real estate, such as land and houses, which, till today, is still a good investment. However, you need a lot of money to start.
So, coming to our era, what is the long term investment that you can start with any amount of money and still have a good advantage in the future? The answer is cryptocurrency, to be precise, Bitcoin investment. If you invest for the long term, only God knows how much you will benefit from it.
This social media thing is good, no doubt about that, but how sure are we that it will have long term benefits? Furthermore, not everyone can be a content creator or an influencer because, before you start making money on social media, you have to have a significant number of followers.
But in Bitcoin investment, you dont need all that. That is why I think people usually overlook the obvious signs and focus on something else. The decisions we take today will determine our future.
Though you have made a vital point, there seams to be a serious problem with what we have come to know as social media era where people can easily earn from their social media account. what this has brought out is a situation where people are no longer as hard working as necessary because of the general knowledge that with a simple content, you can earn far more than the real people that are actually affecting the world positively.
As much as the world has grown into the technological era, assets like lands and business like owning a mall, restaurant or any other regular businesses is still a good area to venture into while still evolving with what the times comes with. as you embrace the presence, you can not completely take out what is more like a past that is still relevant till date.
Yes the generational difference is a real thing. The cycle of life is repeating, as they find it hard to understand what or how the young generation is doing and making that much money. They tag it as scam work, in their povs this is nothing like not sustainable source of income. They might even struggle in getting real clients for their own work but when their nexr generation tell them they are facing some problems in the online work they started, their words are same, this is not a stable source of income, go find a job which at least can pay you money every single month. Haha.
Actually they don't realize the world has changed for their kids, now they had to be on social media otherwise they could not make enough money from single job alone. Social media is helping people achieve things they never dreamed off.
Being able to identify this advantage will give you an edge. It will make you not take opportunities lightly, like they don't matter. It will also help you make smarter choices with investment, choices like, since you can't afford a plot of land yet, you can afford investing in bitcoins from what you have.
A new trend sets up new millionaires with it; being able to identify and go with a trend will surely be life-changing.
Every generation has its own peculiarity and for this generation AI is a thing, but one of the most important thing an individual should understand is the fact that, if there are new ideas or new technologies in your generation, the best thing to do is to adopt or adapt to those new ideas that has been raised. For this generation, AI is one of the innovative technology that has been created, it's creation is not only for social media, AI can be used to do a lot of things in different field of endeavor, so it is most advice for you to try and develop something using AI because every idea is not the same, so yours can be something the world is getting for.
You spoke so well OP, but instead of tagging the evolution era of now as social media era, digital era should be preferable because technology had evolved where we don't need to send letters anymore when we want to extend informations with our loved ones or communicates with clients.
Phone calls or mobile means of communications had made it easier to exchange informations without the need of physical interactions.
Here we are is a digital world were we even have digital marketing, digital currencies and enables storing values online (internet).
We have also come to the era where bots have to ease human energy consumptions.
Most interesting, we have come the era that gives individuals the privilege to live a free live in the internet world while as you exercises your franchise with an an advanced security comparing to the physical world.
In the sense of evolution, the future can only be assumed but unpredictable
Social media is no longer just a place for social sharing; connections on social media have become a business venture, and that's great for the current generation, like us, who aren't yet considered old or young because they already have families.
For future generations, like our children, social media platforms may no longer be a place to earn income through the content they create and publish. Future developments will likely be even more sophisticated than what we experience today, and there are other things that will provide greater benefits for the next generation who can take advantage of them.
I can't agree more, even though we are getting old, and the new generation is so smart and easily understands what technology is. Sometimes I don't understand them, and if you understand what is their 6 7 meme means, then I will say you don't have generational differences for now but I can't understand what that means.
But kids enjoy every bit of it haha.
Anyway, that's just how nature is, everyone will pass through a phase once they criticize it. We are using Ai and the older generation is finding it hard to understand how these AI videos of cute babies are generated and how come they are not real. They beleive everything they watch in videos.
In fact we often say that each generation has its own advantages but in reality those advantages are not equal for everyone. Many people are making money from social media but behind them there are thousands of people who are not noticed even after trying. Land is now expensive, competition is high and the cost of living is also high. So today's generation often has to work harder than before to reach the same place, It is not that opportunities become easier just because there is a new platform.
I don't think that people understood the advantage that they had at the time, it only becomes apparent decades later and we contemplate on these things in hindsight. There are different opportunities to grab for a few people who have their eyes open with a bit of luck, just look at bitcoin - some people found immense wealth by buying in when one was for sale at a hundred dollars or less. Don't be so quick to assume that these opportunities are not available, you can still find bargains in land of you monitor it, jump on opportunities and have the capital saved up ready to go.
Land, gold and other traditional investment assets survived long than we could realize but the craze on social media and the AI or whatever technology will not last long as land. And yeah this is era of the internet, people can make a huge amount of money if they know how to attract people.
But it also will reach a saturation point and I guess we are already there, since I noticed everyone trying to become a creator now that means no audience there to watch their contents.
I think it is even easier to buy land and do any kind of business in today's world, the world that has been so much influenced by technology and AI. The things that existed in the past that couldn't transform itself to the modern reality did more harm to itself than good because even artisans who have modernized their business with latest tech are benefiting more in jobs. Like if you advertise your craft on your social media pages, you are sure to get more patronage than it was stationed in the analogue age. Now, you can order for products and stay right in your confine and it is delivered to you in your comfort zone and convenient time. Life is easier now than in the past. The tech AI age is giving more value to even things that existed in the past. Talking about land buying, land agents and property management dealers and companies sample different lands and property, cars etc online for you to make your enquiry, choice and payment. Therefore, you can be far away but still near with AI to deal on whatever you want.
What you see as evolvement, I see as regression. We are heading into more artificial times, where people are getting more artificial on relationships, services and products they consume. AI is a very interesting tool, but at same time, it also introduce us into a more meaningless era, where everything will be disposable.
I remember watching a movie in the early 2000's and thinking about it all day long, and even for the following days. Now you watch something on Youtube and you have already forgot it by the next hour. We are bombarded by short content all day long, just to generate profit for someone else. And after all, what do all that short content aggregate to your lives on long term? Nothing!
But maybe, I'm the wrong one here who can't adapt himself to what you claim to be evolution.
I came across a study today that said new generations always have higher IQ levels than their parents, but after a certain point when they reach Gen Zthis level stops and declines. I think this is entirely due to people's consumption habits. Of course, not everyone is the same. Some people try to fix their own washing machine when it breaks down, while others immediately call a service technician.
The world is evolving and for you to stand at a great advantage in the competitive world, you need to evolve and make what you do to make money be the same as what others are doing now. Social media has evolved over the years and this is a marketing space on its own that when you have the ability to get or create first hand information that people need, youll get to sell your products all over the world.
Before now, if you have an idea, it takes you a very long time to get it across to over parts of the world or get patronage all over the world, but with the introduction of social media marketing, everything is now seemly possible. Just have something people need to sell to them, solve their problems by providing solutions to them and thats thats all you need to be at a good edge like every other person/company/business. AI has made this even more easier, leverage on them and use them to market and sell your products well.
In my country side, there are some public servant, the salary they are earning from government is just not enough buy them land within one year of their service, unlike 2 decade ago, they can even buy lands just after working for a few months but right now, a public servant will work for almost 10 years and might have not been able to save enough money to buy a land, house or different land properties like shops or place, meanwhile it is now the smart youths who are earning huge amount from different internet activities that are able to buy land, house or cars more quickly than a public servant. I agree, the opportunity that this generation is experiencing was different from our grandfathers, our grandfathers has the opportunity to buy properties at a cheap price then.