Widespread unhappiness and declining trust in institutions are fueled by social media, which algorithmically normalizes the top 0.1% lifestyle. This constant exposure to curated, unrealistic lives, or 'wealth porn,' creates an unachievable expectation gap, making people feel their own success is inadequate.

The subjective experience of suffering can be worse for those who are poor amidst extreme wealth (e.g., homeless in San Francisco) than for those in an environment of shared, absolute poverty. The constant, stark comparison of one's own failure against others' success can create a mental anguish that outweighs objective material hardship.

While modern society offers a quality of life far superior to past billionaires like Rockefeller, this fact is irrelevant to social stability. Humans are psychologically wired to be driven mad by vast inequality, making relative wealth gaps a more potent source of unrest than absolute living standards.

Our brains are wired to measure success relative to our peers, not in absolute terms. Even if future generations live with technology and medicine we can't fathom, they won't feel happier because their baseline expectations will have shifted, and they'll still be comparing themselves to others.

While technology enriches the world on an absolute basis (e.g., flight, internet), it also dramatically expands our "comparison set" via social media. This paradox means that seeing others' seemingly better lives can make individuals feel more miserable, despite their own improved conditions.

While technology improves life on an absolute basis, it paradoxically increases feelings of inadequacy. Social media exposes everyone to the lifestyles of the ultra-wealthy, shifting our happiness benchmark from local peers to a global elite and fueling relative dissatisfaction despite objective progress.

Despite living with unprecedented wealth, many in the West feel a 'cost of living crisis.' This is because human happiness is dictated by a narrow frame of reference—we compare ourselves to our immediate peers, not to the global population or to past generations. Our sense of well-being is relative, not absolute.

A major source of modern anxiety is the tendency to benchmark one's life against a minuscule fraction of outliers—the world's most famous and wealthy people. This creates a distorted view of success. Shifting focus to the vast majority of humanity provides a healthier perspective.

Despite data showing immense long-term progress, public sentiment is often negative. This disconnect arises because people judge their well-being relative to others, not to past generations. When economic gains are not broadly shared, the feeling of falling behind outweighs the reality of absolute improvement.