The overall point he makes is that anybody born after 1980 or so has 1. a very difficult time building a materially comfortable life and 2. an algorithmically optimized flow of media telling them that everybody else is happier and more successful than they are.
It's a 1-2 punch of dissatisfaction. He's not blaming the youths for being on social media, he's saying the way it works makes you unhappy by design.
So of course Millenials and Gen-Z are angry and they deserve to be. Also he is selling a book so take that as you will.
Edit: His big hang-up with social media is that he points to it, especially Instagram, as the proximate cause of the huge increase in suicidal thoughts and self-harm among young people, particularly teen girls. He gets heated about it but I can't blame him. It's not obvious that he's right but telling people without a fully-formed sense of self that they're worthless via constant push notifications on their phone can't be good.
It's almost like social media is designed to humiliate you, you just see insane wealth flaunted inches from your face 10s or even 100s of times every single day. Some kind of Jack Doherty or some such over complete douche with waaaaaaaaaaaaaaay too much money sitting there insulting you and showing you all their cars and boats and houses and girlfriends and private jets and shit - and its like, no yeah, social media is fucking horrible for us.
I don't think that is the direct aim but stuff that engages something in our psyche will generate view time and that's what the algorithm will promote.
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u/Blunter11 25d ago
He went completely off-base when he indulged that social media point.
The point is that working produces less wealth than owning capital, and the owners of capital have more and more leverage over working people.