Mid life crisis?
Do you guys feel that all these years of hardwork, getting best education & hustle to get decent/top job is no way remunerative to what people on SM(insta/yt) influencers make by simply sharing their life/cooking videos/GRWM/nutritionists etc, which we audience consume mindlessly.
Does this change in career mindset going to make children opt out of higher education? I see a lot of people below 18yrs to have below average scientific mind.
Ofcourse, there are people in the same age group doing amazing stuff, building startups etc but an average kid seems lost in the digital space.
Two points on the comparison
1- we should be comparing like to like... Top 1 %le influencers earning potential and top 1%le corporate jobs earning potential. The gap may reduce considerably when we look at the right cohorts :)
2- progression and longetivity: For influencers the progression might be exponential in the early days and then after a few years (5-10) might drop off from a cliff. Corporate progression gets refined like wine :), very linear in early years, can become exponential later on. Also you can earn for a longer duration (so better on longevity).
That being said the choice is ultimately about more predictable progression in corporate (some downsides are covered) versus having a larger risk appetite to venture into being an influencer (going all in). Both will appeal to different personalities.
This gives younger generation more options to follow their passions. They might need guidance and exposure to different fields to help them make up their mind. Ultimately the 10,000 hour rule should be used as a guardrail. Is it fun enough for you to invest 10,000 hours?
Mid 20s but feel the same way. The whole "focus on education will make u rich" seems like a scam. Tier 3 college chapri making bike vlogs are making 20-30 lakh a month easily with a 200%-300% growth potential while we sacrifice days and night for 15% hike which gets denied because of "macroeconomic conditions"
And when you read the comments of people going gaga over those people
I guess it's the timing. Youtube wants to promote niche segments and they were there at right time. Sad part is non of them own the distribution, so if youtube plans to kick them no one will rember them.
Ignore influencers, less than 20% of them actually make money from vlogs and YouTube. Even when they earn, it's usually not at par with any decent salary.
Economics of being a creator is skewed and very risky. Most successful creators end up starting businesses because their content earnings reach a ceiling eventually.
I have same questions and can only hope that time restores some balance which is good for humanity