Weak job market and encroaching AI cause headaches for young people

Data show decline in household income for people in their 20s and 30s, as well as dip in earned income Household income composition, sorted by age group Two recent pieces of news surfaced to bring tears to the eyes of the so-called “2030 generation.” The first was that household income from this age group – people aged 20 to 39 – fell for the first time since statistics have been collected. The second is that the unemployment rate for people aged 15 to 29 stood at 12.9% last month, the highest since unemployment was first tallied by the same standard in 1999. But there was something even more terrifying to the 2030s: the five-game “clash of the century” series of Go matches between grandmaster Lee Se-dol and the artificial intelligence…


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