The popular narrative blaming AI for youth unemployment is a misdirection. Research from LSE, Oxford, and the New York Fed shows that when you control for the rise of remote work, the negative impact of AI on the youth job market nearly vanishes.
Despite massive endowment growth, top universities like Harvard have kept freshman class sizes static for decades. This purposefully constrains supply, transforming higher education from a public service into a luxury good, where exclusivity is a feature, not a failure.
The tax system favors gains from investments (capital) over income from a job (labor). Since older generations hold the majority of assets and younger generations rely on wages, this structure creates a continuous, systemic transfer of wealth from the young to the old.
Despite holding 40 hearings on the harms of social media to children, Congress has passed no meaningful legislation. This is framed not as mere failure, but as an active choice to sacrifice an entire generation's well-being to the 'minotaurs of big tech'.