Recorded live at Kilkenomics, we’re joined by the FT’s John Burn-Murdoch, the most interesting data journalist writing today. Wealth inequality’s share may not have budged in 40 years, but incomes haven’t kept pace with wealth, so working your way from the middle to the top has gone from hard to basically impossible. That’s why young people are piling into crypto, gambling and tech stocks, not fecklessness, but a rational bet when the conveyor belt has stopped. We get into the pensions time-bomb (today’s retirees take out 3-4 times what they paid in, millennials will get back about €1 for €1), why a youthquake alone can’t fix it, and why the AI jobs story isn’t layoffs but a hiring freeze that hits the young hardest. Plus the one growth sector AI can’t touch: human interaction. And yes, hackers cooking Europe’s supermarket fridges.
","author_name":"David McWilliams & John Davis"}