7 claims in “sociology, economics”
In the US, 16% of adults consider themselves entrepreneurs, but 36% of Gen Z and 39% of millennials do, indicating a cultural shift toward entrepreneurial identity and self-direction that will accelerate with AI tools.
Someone who is 15 now will have to deal with the coming changes in ways that older generations simply will not, as it will overwhelm their most productive years.
The Lebanese are individually very smart but collectively susceptible to tulip waves (speculative bubbles); the Riad Ponzi system succeeded in Lebanon because the Lebanese are blinded by class of risk and aspirations to get rich, making them vulnerable to fraud.
Midtown New York City is now a 'dead town' with dramatic decline in activity and foot traffic compared to pre-pandemic conditions
The system is rigged in a way that misfortune is not evenly distributed, and this concentration of misfortune can be predicted with high certainty based on historical patterns of oppression; zip code is the single best predictor of where misfortune will concentrate.
Three factors predict entrance into American middle class with high reliability: (1) Don't have a child out of wedlock, (2) Get a high school diploma, (3) Get a job—following these three behaviors nearly guarantees middle-class status.
Competition for power positions among elites is beneficial in moderation as it allows 'better ones' to rise, but when competition becomes too intense—when there are significantly more elite aspirants than available positions—it becomes corrosive to institutions and social norms, as competitors break rules to compete.