someone dies in the UK every 90 minutes

76% of these are male what is going

wrong if you were to point to a single

point of failure it would be the Scott

Galloway entrepreneur bestselling author

Professor one of the most desired Minds

when it comes to business and life he is

about the obsession of how to be better

as individuals and as a society Society

tells you especially I think as a man

that your worth is highly correlated to

your economic success but for the first

time a 30-year-old isn't doing as well

as his or her parents men under the age

of 40 are 24% less wealthy the average

age of a firsttime home buyer is 47 now

it's an online dating you have to swipe

right a thousand times to get a single

coffee it's one in seven men doesn't

have a single friend we're going to have

men having relationships with machines

the most dangerous person in the world a

lonely young broke male and we're

producing millions of them and that can

lead to very ugly places for the economy

and Society what is the impact this is

having on women women have become better

educated and they're making more money

it means that the quote unquote pool of

viable mates for women is going down

every year and a lot of these men are

finding Role Models online yeah this is

a real issue that this is a group that's

struggling on the far right people like

Trump a criminal Putin murderer on the

far left as far as I can tell their

vision of masculinity is to act more

like a woman I don't think that's right

either we need a new vision for modern

masculinity do we need individual

Solutions or do we need societal

Solutions my Solutions are pretty

straightforward and this is the one I'm

working through and will definitely get

me in the most

trouble

[Music]

Scott it's quite clear that there is a

crisis in

society in different areas I called a

friend of mine who is called Simon

gunning before this conversation

literally 10 minutes ago he heads up one

of the largest mental health charities

in the UK and they specifically focus on

suicide they do a lot of work with men

and I said to him can you tell me the

latest stats on suicidality amongst men

and purposeless and those kind kinds of

things and he said to me someone dies by

suicide in the UK every 90 minutes 76%

of these are male for there's 25

attempts for every death it's the single

biggest cause of death for men under 45

and it's the single biggest cause of

death for 15 to 49 year olds and the

category of 19 to 35 year olds is twice

as likely to report being in a crisis

personally than any other group and

lastly 16 to 24 year olds are currently

the fastest growing group in history to

exhibit suicidality MH what is going

wrong in the way we've designed and the

way that we're executing upon this

vision of

society I think even the way we frame

the problem is incorrect and that is

when we talk about if you were to

say um that women women are three times

as likely as men to kill themselves I

think we would talk about the problem

through the lens of it being a societal

issue and we would immediately move to

what investments and changeing behavior

and education would address that problem

when we say young men are killing

themselves at three times the rate as

young women we use terms like

accountability or say things well if

they just opened up more about their

emotions or they need to get their act

together and that is we've decided when

it comes to men compassion is a zero sum

game and that if you feel bad for men it

immediately kind of outs you as someone

who might be anti-women or who's gone

red pill because the

void the the statistics are just

staggering four times more likely to be

addicted 12 times more likely to be

incarcerated and because nobody was

talking openly and honestly about those

very real issues that void created

opportunity for what I think are some

unproductive voices to fill that void

and start speaking to these men and

naturally a lot of people now have a gag

reflex when I hear people talking about

the problems around men so the first is

we need to frame the problem as this is

a real issue that requires and deserves

compassion and our sympathy you know

it's not a zero some game civil rights

didn't hurt white people uh gay marriage

didn't in any way diminish

heteronormative marriage and so the

first is to have a conversation that

this is a group that's struggling and to

stop using terms like accountability and

somehow blaming them for their own

problems here a 19-year-old male should

not pay for the sins of his father or

grandfather now and my yoda on this is

Richard Reeves uh but basically it comes

down to kind of three things the first

is biological our prefrontal cortex does

not mature as fast as a woman's an

18-year-old woman from an executive

function standpoint is like a

20-year-old male so or put in another

way uh two seniors in high school

applying to a college the woman is

essentially competing against a

16-year-old and that is her prefrontal

cortex had that executive function that

he has uh she had it at 16 so we're

seeing uh double the number of women

graduating from us colleges as men

because it's 60/40 ratio when they start

and then the ratio only gets worse

because more men drop out that still is

an incredible on-ramp to influence in

Economic Security these men are getting

on that on-ramp so there's biological

reasons there's also I think the

education system is just biased against

men uh boys are five excuse me a boy is

twice as likely on a risk adjusted basis

or behavior adjusted basis to be

suspended for the exact same activity as

a girl who's brought into the

principal's office for the exact same

infraction you're sitting in front of me

as a as a guy you're twice as likely to

be suspended for cheating on your

chemistry test as if you as a girl

coming in a black boy is five times as

likely to be suspended as a girl so we

still have we have a real bias now part

of that is that 90% of primary school

teachers are women there are more Fe

there are more female fighter pilots per

capita than there are male kindergarten

teachers men are not going into early

stage

education and this is really important

because you have an entire Cort of boys

who grow up the single if you were to

point to a single a sing single point of

failure where all of this starts if you

said where did this young man come off

the tracks if you tried to identify one

signal through all the noise it would be

the following when the boy no longer has

a male role model and with incarceration

with male abandonment and with a lack of

teachers in Primary School you have an

entire generation of young men who grow

up having never had a male role model

and so a lack of male role models and

education system that is biased against

them and then I think um economic

policies whether it's the Outsourcing of

manufacturing jobs the transfer of

wealth from young to old people and you

think well the fact that someone over

the age of 70 is 72% wealthier than they

were 40 years ago and someone under the

age of 40 is 24% less wealthy that

affects men and women I think it's

especially hard on men because I think

men are

still uh primarily evaluated in terms uh

through the length of

economic uh Vitality so they're

biologically behind women have an

education system biased against them and

we have economic policies that have

created a great deal of Shame and rage

and the last point I would just say is

for the first time in Europe and

America's history a 30-year-old is not

doing as well as his or her parents were

at 30 and that creates just tremendous

shame and rage I mean look at the

housing market the average age of a

firsttime home buyer is 47 now in 1980

the average age of a first-time home

buyer was 29 young people have been

sequestered from whatever you call you

know Loosely speaking the American dream

or the or you know the the UK dream so

the odds are just the the the forces in

the face of young men have just become

uh greater and greater and it's

manifesting in a lot of different ways

lower marriage rates lower birth rates

and uh uh skyrocketing and suicide

should also add that suicide is way up

among teen girls because of social media

so different challenges at different

ages you're committing a lot of your

time to both talking about this but

writing about this subject matter why

why does it matter so much to you

personally of all the things because

you're one of those individuals and I

spoke to your team and they kind of

echoed this that is very diverse in

their ability to speak about subject

matter you could talk about investing or

money or um business or

happiness but for some reason you've

honed in it seems in part to solve this

challenge that young men specifically

are facing why why

you well did you have two parents yes

okay so I had a single mother I was

installing sh because I'm that guy I'm

that guy that that as a kid like lost

didn't have didn't have a male role

model um

we were in what I affectionally call an

upper lower middle class household my

mother lived and died a

secretary um I just could have easily

come off the tracks and almost did a few

times and because government stepped in

and because because of things like pel

grants which are um financial aid for

kids in the lower I think cortile of

income earning houses because the

University of

California uh saw themselves as public

servants not as luxury Brands and they

let in 76% of

applicants you know and I got rejected

the first time so I was one of the 24%

that didn't get in and then I got in

again but the big hand of government

Lifted Me Up and also I had men a lot of

strange men step in a stock broker a

baseball coach a neighbor I had all

these wonderful men kind of step in and

between the warm embrace of government

in America that used to love

unremarkable people um men who step in

you know this is nothing but for me I

relate to these young men and I see an

opportunity there aren't a lot of

people I think I just think the problem

is so much greater than the emotion and

the bandwidth and the resources being

allocated to it and it's just simply you

know kind of a nod to the the

institutions and the men that help me um

so and also be blunt it's a commercial

opportunity it's a chance to talk about

something that's it's a white space it's

so obvious if you think of yourself as a

Tha leader you want to be fearless and

you want to move the needle on stuff so

this for me was just you know slowly but

surely you just look at the data and It

All Leads to one place and that is um

young men have fallen further faster

than any cohort in America in Europe and

and it needs to be addressed and talked

about this idea that it all comes back

to do you have a male role model in your

life links interestingly to a lot of the

data that says we're less likely to be

married than ever before we're less

likely even I was reading some stats

around when our first kiss happens and a

man's first kiss used to happen I think

it was around 18 it's now on average

into their early 20s everything seems to

be moving further and further and back

so from that I deduce that the chance

that a young man would have a male role

model in their life is probably

deteriorating as as well because there's

less marriages there seems to be um the

prospects of dating seem to have dropped

as well so is there correlation between

these two things in some in some

respect yeah

there's what's strange is so you don't

have kids right no what's weird about

raising kids now is that my mom was

worried about me getting into too much

trouble I think what's fairly common now

among parents is we're worried our kids

aren't going to get into enough

trouble and that is we see the the power

of unsupervised play we see the power of

maybe sneaking into a movie and getting

caught you know we see just uh the the

that it's important that at some point

kids are going to experiment with

alcohol and drugs and kind of better

they ease into it as opposed to never do

anything and then end up at College

their freshman year and just can't you

know can't handle the the onslaught of

it so you know I think that there's

something about the concierge and

bulldozer parenting that where we use so

many sanitary wipes on a kid's life that

they don't develop their own

immunities um 40% of Harvard's incoming

freshman class are

virgins and uh I worry that I mean this

is going to sound strange we have two

little teen pregnancy what do I mean by

that um unplanned teen pregnancy is a

bad thing but we have we have had such

dramatic Falls in that and uh drunk

driving accidents which is great but

what it signals quite frankly is that

kids are so over programmed and have

such a lack of um socialization now the

number of high school teenagers that

sees their friends every day has been

cut in half that were slowly but surely

sequestering from each other and when we

do that we become less mamalia we're

mammals were literally if you have dogs

dogs are happiest when they're lying on

top of you the worst thing you can do to

a dog is leave it alone all day and what

we're doing to young people is we're

kind of they are leaving others and

themselves alone all day we're

separating from each other we're

becoming less social and there's a group

of men who um aren't received well at

school don't find a source of Pride auto

shop metal shop wood Shop's gone away

they they go online to date they the

majority of them get rejected if you're

average attractiveness in online dating

you have to swipe right 2 200 times to

get a single coffee if you set up five

coffees you'll get one will actually

show up four or the five will ghost you

and decide later on they don't actually

want to meet up so a young man of

attractive of average attractiveness and

online dating has to swipe right a

thousand times so he gets validation for

one coffee he gets validation that he

has no Worth to the other sex he loses

confidence he starts engaging with

people because he has less opportunities

for Random Encounters where he has to

develop those skills and slowly but

surely he

sequesters from society and at some

point he just is not not really savable

he just never develops those skills

those skills around friendship or

romantic relationships in the United

States one in seven men doesn't have a

single friend one and four uh one and

four can't name a best friend in

addition marriage has become now a

luxury item if you're in the upper

cortile of income earning households

there's a three and four chance you're

going to get married if you're in the

lower quti the lowest cortile there's

only a one and there's a three and four

chance you will never get married so we

have a group of the most d ous person in

the world we're producing millions of

them and that is a lonely young broke

male and just bridging into AI I think

the biggest danger in

AI that people are worried about it

becoming sentient I don't buy any of

that or super weapons I think that's a

problem but we've managed through those

things bioweapons Etc before I think the

biggest problem that AI presents is that

big Tech presents a series of low

calorie lowrisk entry points into what

feels like a reasonable fact assimil of

a relationship I I think I'm making

friends online no but you're not really

experiencing friendship I think I'm in a

relationship with somebody well are you

are you really I'm learning no you're

not you're gambling on coinbase or Robin

Hood and rather than endure the

rejection and trying and develop the

skills and make the effort and it is an

effort and involves rejection of going

out into the physical world and

revealing yourself as someone who would

like to be friends with another man

Express romantic interest take those

risks we're developing these digital

analoges of life that create low entry

lowrisk

relationships and you think well that's

not necessarily a bad thing but it is

because it leads to depression because

the reason why romantic comedies are two

hours and not 20 minutes is that life is

about the

victory of taking risks enduring

rejection and having a small business

that works about about um approaching

someone and getting the interview cold

emailing someone and getting getting a

coffee and quite frankly pursuing

someone and developing the skills in

deciding to put on a clean shirt and

maybe shower more often and maybe hit

the gym every once in a while and maybe

text when you're not sure how this

person feels about you and figure out a

way to interact with someone around the

Nuance nuance and develop the skills

around human sexuality such that you can

develop a relationship that is the

victory that's the payoff after the two

hours and fewer and fewer men are

engaging in those risks and that Victory

and I think that AI in combination with

sex bots is going to create an industry

where Men start having relationships

with algorithms and Dolls supposedly the

sexbot industry is going to be bigger

than the domestic box office receipts of

all movie theaters in the US within 5 to

six years so we're going to have men

having relationships with machines and

Dolls as opposed to as opposed to other

other uh humans and I think it's just it

creates a a level of depression I think

her should be required watching for

every teen male and I think every every

teenager in in high school should have a

course as part of Health on mating

Dynamics where they teach especially

young men that approaching a woman and

expressing romatic interest while making

her feel safe is a skill and there's

nothing wrong with that and that the end

game of relationship a partner a

romantic uh partner is one of the keys

to a happy life and I think most studies

bear that out and we are sequestering

for a variety of reasons men from the

opportunities to have those

relationships and it also impacts women

but what we're seeing with women is two

and three under the age of 30 have a

boyfriend only one in three men have a

girlfriend because women are dating

older they want more economically and

emotionally viable

men on the point of sex box it's

almost it's almost impossible for me to

see how that doesn't become a huge part

of male dating you know I was speaking

to Mustafa Solomon who was the one of

the co-founders of and Mustafa yeah yeah

yeah one of the co-founders of m Deep

Mind which sold to Google and in his new

book The Coming wave he talks about how

all of these breakthroughs in technology

one of which is AI one of which is

robotics is going to sort of intersect

with the ability to have literally some

someone in your house who can not only

clean you know clean your house and do

the dishes and make your lunch but also

can love you MH in whatever artificial

form that love comes they can agree with

everything you say they can encourage

you and they can have sex with you MH

and dare I say and I'm sure this might

be clipped by somebody there is a

certain cohort of men who would rather

choose that than nothing and when

they're faced increasingly with that

choice it feels really inevitable to me

to see how they would choose

um some of them would choose a sex spot

or something to that effect to fill that

void we can all relate to that we all we

all make that type of decision in

different increments a lot of times it's

easier to say I'm just going to stay

home and watch Netflix and take an

edible and por order in and maybe maybe

watch porn instead of go out and engage

in the expense the emotional trauma the

effort the skills I have to provide

to try and establish something

resembling a real world

relationship and rejection is

enormously painful and you know I think

teaching young people rejection and my

son didn't make the football team uh

last week and he's 13 years old and it

was a big deal he was really upset he

thought this was the way he integrated

into the UK he loves football tried out

trouts are going really really well came

home threw his back down tears didn't

make the football team and of course his

mother's totally freaked out what do we

do and I'm like this is a awful day for

all of us and it's a great day for him

because this is what's going to happen

he's going to wake up tomorrow and he's

going to realize he's fine and he's

going to develop a little bit of callous

over that that emotion and I think

you're an

entrepreneur and and I've been an

entrepreneur my whole life I was single

most of my adult life I don't know I

don't know your relationship status but

if you're an entrepr

and you're single you're used to

enduring rejection and that is the key

to success that's the absolute key

because the only thing you know that

that has happened in someone who's very

successful professionally and personally

is they have developed the skills to

endure rejection that that's just it no

one bats a thousand you approach strange

women in a strange Place most of the

time it's going to be awkward and

sometimes it's going to be humiliating

because you're going to get rejected you

wna start a business you keep asking

people for money you keep asking

employees to join you you keep asking

for customers and clients and the only

thing I can guarantee you is a [ __ ] ton

of

rejection the ability to endure that

rejection is absolutely the key to

success more so than Talent more so than

I even I wouldn't say hard work I'd say

grid is right up there but your ability

to endure rejection is the you you know

if you want to punch above your weight

class economically or romantically then

get out of spoon and get ready to eat

[ __ ] that is a prerequisite to that kind

of success and technology is enabling

people to say well why subject yourself

to that risk you can you can engage in

something that feels sort of similar

without any risk at all and over the

long term it's just such a bad trade I I

mean you were talking about porn porn is

the largest unsupervised experiment on

young men that we've ever had and it's

largely unsupervised because there isn't

a lot of academic research on it because

most academics don't want to be known as

the porn Professor so there really is a

lack of research around it and when I

coach young men the first thing I do

kind of my go-to is I get their phone I

look at screen time I'm like okay let's

think of your what do you have as a

young person you have a lack of

financial Capital but you have a lot of

human capital and that's really

important time so we're going to think

about your time as money and we're going

to decide how we're going to invest it

let's look at your current portfolio of

Investments and I ask them to unlock

their phone and I say I won't be

judgmental and between Twitter Tik Tock

porn coinbase it's so easy to find a

minimum of 10 and sometimes up to 50

hours a week and we're going to

reallocate it and we're going to

reallocate it to other things and one of

the things we're going to reallocate it

to is like first we got to make some

money are you making any money you got

to make some I don't care if it's

flipping on an Uber app I don't care if

it's becoming an instacart a Dasher the

best way to make a lot of money is to

start making a little bit because you

start developing the skills and the

Hunger for More Money Right the second

is we're going to take some time and

we're going to try and invest in uh

organizations or activities that put us

in the company of random strangers not

just potential romantic interests but

friends mentors you that's that's super

you know that's super important and one

of the keys to developing what I'll call

the

Mojo to take those risks around romantic

relationships is to Moder your

consumption of

porn one of the only reasons I graduated

from UCLA was because one of my

motivations for going to

class was not only that I wanted to

learn not only that I needed to learn to

graduate I was a terrible student but

the prospect of potentially meeting a

woman who I could take to one of my

fraternity parties or that ultimately

might be interested in me romantically

and sexually and if I'd had the access

to porn that young men have now I'm not

not sure that Mojo would have been as

great to get out of the house as often

so just to tell young men not to engage

in porn I think is sort of

ridiculous but look at it analytically

and think okay would you be more

inclined to get out of the house take

those risk engage in the victory engage

in what it is to be a man and be a

mammal um if you had reallocated some

capital and ensure that that fire was

still there uh so modulating I think

modulating porn and more generally

spending less time online every digital

version of your life is a shittier

vision of the analog version that could

happen but everyone said I'd rather have

I'd rather have shitty shitty kind of

okay TV that's just mind-numbing as

opposed to putting in the effort to to

to do something great but um I think

it's more than just porn I think it's

all of it why leave the house why endure

that sort of reject rejection effort

expense it's not just so expensive to go

out right so but I think porn is one of

those things that young men need to

modulate and find and you know such that

they get their Mojo this all has KnockOn

effects for women and I think the data

is also suggesting that the crisis

amongst men is causing in many

situations a crisis for women as well

because we both you know men and women

exist in an ecosystem that needs to be

somewhat balanced um so I'd like to talk

about the impact this is having on women

one of the things I I found interesting

it's actually because of a young young

woman came up to me in a book shop I was

just there looking for my own book as

you do just cuz it just come out and she

said something to me that a lot of women

that have approached me or dm'd me have

said quite frequently which is she's

over the age of 30 now mhm she's

committed much of her life to her career

she's single she's tried dating apps and

she doesn't enjoy it and I part of me

started to think about the fact she

might be caught in a sort of

generational Gap where they used to meet

in person but now the the generation

below her meet online um and she

concluded what she was saying to me with

the fact that she believes or she's

starting to believe that maybe there's

something wrong with her because she's

over the age of 30 she's single she

can't find a partner she told me she's

never had a boyfriend MH she's killing

it in her career mhm and she was in that

Bookshop looking for advice from a book

mhm and I feel compelled because I know

she listens to this podcast to ask as

many people as I can the question to

find an answer for her because there's

someone very close to me in my life who

I literally text when I left the

Bookshop and I said I've just met you in

the book shop every sentence that that

woman said to me in the Bookshop is the

exact word for word even like I've tried

going to the gym and that's not working

mhm is the same as a close friend in my

my life one of my best friends has said

to me as well and there's not just one

in my personal life there's three or

four well we all know know

women I'm sure this happens to you all

the time really interesting High

character successful attractive women

usually in their 30s sometimes in their

40s who will say I can't find anyone to

date and it's not that they can't find

anyone to date it's that they can't find

anyone they want to date and there's

some Dynamics here the first is can I

just interject validate your point there

she also said to me I'm not willing to

drop my standards well and and and it's

like Warren Buffett said the key to a

health marriage is low

expectations the what's happening is and

I think his name is Chris Williams he

kind of reminds me of you he's this

handsome young podcaster he was blown by

all this old guys do you know Chris yeah

I know Chris anyways he does he does a

fantastic job and I've learned a lot

from him um but he calls it the high

heels effect and that is every year for

the last 50 years women have become

better educated and they're making more

money in urban centers they've now under

the age of 30 blown by they're now

making more money more single women in

the US own houses than single men

they're getting taller every year and

the reason he uses height is that 50% of

women say they want date a guy shorter

than them it's probably more like 80%

and even if they're not cognizant of it

just anthropologically subconsciously

they're just usually not attracted to

men shorter than them because they have

something telling them that this uh

individual is less likely to be able to

physically protect you so you're just at

a disadvantage from a height standpoint

now metaphorically women are getting

taller every year and men are getting

shorter right

men mate socioeconomically horizontally

and down women horizontally and up but

when the pool of men who are

socioeconomically uh uh senior to women

it just means that the quote unquote

pool of viable mates for women is going

down every year and women have been told

they can have it all and what I found is

you can't have it all um or let me put

this way you can have it all you just

can't have it all at once and that uh to

focus on their careers which by the way

I think is a good thing I think economic

viability is just super important for

everyone including women um but the

reality is as they have gotten taller

men have gotten shorter so there's just

less pairing Society has a tendency to

evaluate a woman's Success Through the

lens of her romantic success not as much

for men people look at you and think and

I don't know your relationship s but

people look you like guy who's killing

it he's killing it and he's single oh my

God it's good to be Steven Barlett a

woman in her 30s who's killing a

professional is alone it's like super

success ful but your your single status

is a feature for women it's seen as a

bug and you both might be just as lonely

but it's it's or you might be engaging

in and I'm projecting here I have no

idea what your situation is here but

there's this Dynamic where the men who

are in the top 10% can engage in Porsche

polygamy and that is

women um with online dating now believe

there's something wrong with this that

and I'm going to be this this is going

to get me in trouble but let's raate

everybody most people will acknowledge

that some people are more attractive

than others and they find certain people

less and more

attractive a woman of average

attractiveness can have a relationship

and when I say relationship that's code

for sex with someone who's in the top

10% but that individual is probably not

going to establish a long-term

relationship and because of the lack of

friction and connection and meeting

people via text message or online dating

the top 10% of men are getting 80 to 880

plus per of the opportunities for

short-term relationships or sex so they

can engage in what's called Porsche

polygamy and that there's not a lot of

motivation for them to establish

long-term relationships which leads to

bad behavior and a lack of household

formation so the guys that most women

want and believe that they should be in

a relationship with are the least likely

to establish a long-term relationship

and then the bottom 90 either have

little or absolutely no interest from

women so I want to be clear no woman is

responsible for servicing a man but what

I think has happened is this Dynamic

where because online has given everyone

access to everyone the majority of women

are all interested in the same group and

this group is now much less likely to

engage in a long-term relationship and

the result is that just there's a

disproportionate number of men and women

who quite frankly are just

lonely uh but men have a tendency when

they don't have a romantic relationship

to not only not have that romantic

relationship but then they have fewer

friends they go out less they're less

professionally successful you know if I

didn't have a mate who told me we need

to save for a house I'm not sure I

wouldn't have been smoking pot and

drinking every night you know she was

like if you want to continue to have a

relationship and have sex with me you've

got to get your [ __ ] together that's a

men young men need that

they need the guard rail of a romantic

interest the cocktail or the the peanut

butter and chocolate of a household

where one person is more risk aggressive

you know that's really important and

pushing the boundaries of what can be

done and then another person who's more

practical and that often times goes into

gender roles not always and sometimes

it's flipped but that's a powerful

combination 1 plus one really does equal

three and across every species you see

that the majority of really wonderful

things including Offspring but other

things in terms of building a society

are a mix of different attributes and so

we have just fewer and fewer of that

peanut butter and chocolate in

households there are now more people not

only living alone but living with their

parents than ever before because they're

not establishing this relationship so it

has it's absolutely bad for women but

typically typically women still are

economically successful still find place

places to put that love and quite

frankly don't start killing themselves

or killing others so it's not that it's

any any any any less bad but the knock

on effects tend to be less bad for

society and I went through the research

from the Pew research but also from the

sort of centers of Disease Control just

to clarify some of these numbers for

women as well and they they cement

everything you've said um only 133% of

women over 30 were married in 1970 that

number has now risen to almost half the

divorce rate for women over 30 has

doubled in the past 50 years in 1970

only 10% of women over 30 were childless

today that number is risen to almost 30%

in 1970 only 28% of women over 30 were

earning more than their husbands today

that number has risen to almost 50% and

in 1970 only 12% of women over 30 were

living alone today that number has Ren

risen to 35% and on the point of

loneliness I was looking at how many men

versus how many women have a best friend

and it's it's multiples more so multiple

more women I find still have

relationships regardless of this state

of affairs because they they're better

at as you say forming social Connections

in non-romantic relationships with other

women than men are so it's a pretty it's

a pretty um Bleak picture and maybe most

importantly of all there's a clear

direction of travel here and if you

extrapolate out that direction of travel

we don't get to a good place population

decline you spoke of and how that lops

side Society depression mental health

suicide so the question becomes for me

what would you advise young men you

talked about money I thought that was

really interesting so maybe we we start

there personal finance and establishing

that I'm a young man so say 21 years

old

um what do what have I got to do with my

money where should I be putting it how

should I be earning it MH

so I think the three legs of the stool

we're going back to it re reallocating

capital as a Young Man one start making

some money two put yourself in r in

environments where you might have a

random encounter with a stranger also

and I know you engage in this we're

going to reallocate four to six hours a

week to physical

fitness um feeling strong feeling um um

in shape is one there's studies coming

out now that it's supposedly 50% better

than Pharmaceuticals and talk therapy

two you'll be more attractive to mates

you'll feel better about yourself you'll

be more kind uh I think that is

incredibly uh powerful but in terms of

economic success and I'm I have a book

coming out in March on this I think

there's a basic algorithm to Financial

Security or Economic Security the first

is focus and that is focus find

something I don't I hate the term Follow

Your Passion because typically people

mistake passion for a hobby and they

think oh I should be a DJ or I should be

an athlete or I should open a restaurant

and they choose into Industries with the

unemployment rate is 90 plus per. you

know the Riders are on strike in

Hollywood the number there's

180,000 uh people in the uh actors unit

Sager Afra and the percentage of them

that uh don't or that make more than

$24,000 a year to qualify for health

insurance is um 12.5% so I would argue

that there's under or unemployment for

nine and 10 actors so find something

you're good at that that where there's

an employment rate of more than 90% And

I want to be clear some people follow

their passion and it pays off hugely

Jay-Z followed his passion is now a

billionaire but I tell young man assume

you're are not Jay-Z find something

you're good at that has more than a 90

plus percent employment rate which is

99% of professions and then in invest

requisite 10,000 hours perseverance grit

willingness to break through hard things

willingness to suffer Injustice which is

a guaranteed attribute of the workplace

and get really really good at something

or at least having have a path to being

great to something also in terms of

being attractive to potential mates

there's very few things that are more

attractive if you're not already

economically successful than a plan this

is my plan right that's what I think

romantic potential rantic Partners want

you don't need to be a baller you don't

need to be driving a Porsche you need to

have a plan and that plan might change

that plan may not work out we got to

have a plan so the first is we're going

to focus and we're going to find

something we're good at and not only

something we're good at but something

people will pay us

for um that's the first thing you got to

make money but the second component the

key to wealth isn't isn't as much how

much money you make it's your ability to

live a little bit like a stoic and live

below your means and that's one thing I

always did I always live below my means

I never had debt I never use credit

cards for stuff and that is incredibly

hard in our society where um every

talented person and now ai and

algorithms are finding you at a moment

of vulnerability and convincing you that

you need a new set of on trainers that

oh wait it's worth it to upgrade from

economy to economy Comfort to economy

plus to business class I mean it's just

the the Market's ability in a capitalist

Market to find you a product you must

have when you have any disposable income

is just remarkable there are so many

amazing ways to spend money in London

and New York that to not spend all and

or not spend more than all is real

discipline that is in that shows

incredible character at a young age you

need to live like a stoic your your

advantage as a young person is quite

frankly to live in a [ __ ] shoe box

and spend no money on rent spend no

money I used to make it a game one

summer at UCA and this was more out of

survival or need but if I didn't make

$3,300 between my Junior and Senior year

at UCLA I wasn't going back to college I

owed the fraternity a ton of money I

wasn't going to be able to pay my

tuition so I had 11 weeks to make $3,300

and I figured out if I just lived in the

fraternity in a shitty little room that

I was paying no money for and I only ate

Top Ramen bananas and milk I could save

I could I could live on $110 a week that

was my total budget and I could do it

and when you're a young man and not only

that it was still a fun summer I would

still go we would

money and go buy a case of Schmitty beer

and then on Sunday uh Sunday nights we'd

go to Sizzler this tacky restaurant in

La for a brewing special Malibu chicken

and all you can eat salad bar and I used

to go with the other members of the crew

team and just clear them out and spend

three hours gorging but we still had a

good time but when you're young I think

you want to lean into this great thing

where you don't have to spend money it

is impossible not to spend money when

you get a little bit older and you start

collecting dogs and kids you can't sleep

on someone's couch you can't sleep in a

shitty apartment you can't walk to work

you can't live on Top Ramen and bananas

so the ability to gamify and really try

and live below your means and then that

creates an army of capital and that army

of capital goes out for you and starts

making money for you when you're in your

sleep and that goes to specific

investment advice the first is and

people don't like to hear this do away

with the notion that you are brighter

than anyone else and going to be able to

figure out individual stocks or

Investments that allow perform the

market I can't convince you of that 100%

and some of it is fun and if you want to

learn about a stock and you want to buy

Nvidia or you want to buy DOA coin fine

but try not to do it with more than 30%

of your saved money try to take 2third

plus of your saved money and put it in

lowcost ETFs and index funds because

here's the thing our flaw as a species

is we don't realize how fast time goes

because the majority of us for the

majority of history have died before the

age of 35 we can't process how fast time

is actually going to go when you go past

35 at the age of 39 we stop we have no

longer have the ability to process the

way we change in terms of our own

physical appearance so from the age of

39 on and I can validate this every time

you look in the mirror you're like [ __ ]

what is that because you can't process

what is happening to you because for the

majority of your species history you

weren't around post

39 you and I hopefully will be sitting

here in 20 years or over a beer and I'm

going to look at you and I'm like how

fast did it go and you're gonna like

Jesus like a blink and so if I said to

you Stephen give me 20 give me find out

a way to save a th000 bucks 1,000 bucks

and in a blink it's going to be worth

6,000 because I have this magic box how

hard would you try to get as many as

much of that Capital to put in that box

the power the power of diversification

and time because if you diversify I can

get you 68% a year right every day 51%

of stocks go up 49% go down but if you

invest in any five S&P stocks over 10

years and don't trade them no one has

ever lost money 85% of day Traders lose

money if you buy five stocks put them

away and never look at them again 10

years later no one has ever lost money

so diversification and this is where I

really screwed up I didn't understand

the power diversification

successful people fall into the Trap of

thinking I'm a baller I'm smarter than

everyone I'm going all in on Cisco cuz

everybody wants internet infrastructure

I'm going all in on Amazon if you went

all in on Amazon in 99 in 24 months you

had lost 90% of your principle even

Amazon the best companies in the world

if you look back the majority of them

have had 24mon periods where they went

down 90% but if you'd held on if you'd

held on and you didn't day trade and you

didn't look at your stock you'd be up 30

or 50x now so the power of

diversification and also a recognition

that time is just going to go so much

faster than you think so Focus find

something you're good at that people

will pay you for live like a stoic save

you know spend less than you save so you

can develop an army of people who are

killing it or killing people and

invading the Earth while you're in your

sleep recognizing the power of

diversification and then appreciating

how fast time will go and not tra stocks

just let time take over if we give every

baby and this is a potential solution to

what I think is going to be an oncoming

crisis among seniors or too many of them

that we can't take care of if we gave

for $40 billion from the US budget we

could give every baby $7,000 and I think

we treat them like INF infants and we

put it in a savings account ETFs

Diversified by the time they're 65 just

with that $7,000 if you didn't let them

touch it or trade it it'd be worth a

million bucks so the fastest way to get

every senior a million bucks and granted

it's 65 years from now would be to give

every baby

$7,000 and that just shows you the power

of compound interest and time and

diversification I think it's fairly

simple those four things but they're not

easy to do easy to do but everyone can

do them almost everyone can do them and

for anybody who really is you know

they've got I don't know $3,000 in their

savings account they have never invested

a penny before in their life they don't

know any of the time techology we just

used they don't know what Vanguard means

they don't know what low fees mean what

is the simple way of getting them on the

right track from that point of I I drive

taxis I got $3,000 in my bank account or

$500 what do I do go to Charles Schwab

or public.com open an account and first

off find out um the equivalents in the

UK are like hard grief lands down um you

can do a lot of this stuff on a lot of

different apps where you're picking a

fund right go into spy or go into an

index or an ETF that buys a bunch of

stocks for you make sure it's low fees

and find out and I wish I knew more

about the tax law here find out if your

employer or the government offers you

some sort of tax advantage vehicle in

the US it's it's Roth and 401ks we have

ice we have a retirement um system where

you can invest in your retirement and

you have to understand that [ __ ] and if

you don't understand it find your

daughter or or someone who can explain

it to you and then the key is just start

and put it in an ETF or an index fund

that tracks the entire Market low costs

low fees and find out if you have access

to anything that's tax advantage but the

key the key is to start but I only have

$100 well Christ that again that 100

bucks in 20 or 30 years will be a

thousand or more and not only that it

gets you it gets you to a taste for

flesh you know like I remember I went on

my first Safari and they said the line

you know unfortunately we had one Lon

attack a human and now all of them

appear to have a taste for human flesh

they never used to go after humans

before but once they get a taste for

human flesh like oh this tastes pretty

good let's start killing people killing

and eating people just a hundred bucks

and then you wake up and you're like oh

it's worth 108 it's worth 112 you get a

taste for the Flesh of how powerful

money and time and investing is and just

start I also think it starts to make you

feel in a weird way I think it makes you

feel and and and I'm just saying this

because I can relate to it as a man I

think it makes you feel masculine to

feel like I'm taking care of myself I'm

strong enough to live below my means

discipline isn't it yeah I I'm it's like

working out you just feel better about

yourself and I think living below your

means and creating an army of capital

everyone talks about starting a business

at skills so that can make money in

their sleep that's their goal you can

make money in your sleep by saving it

and investing it but the key is just a

start quick one this is really really

fascinating to me on the back end of our

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better and better that is a promise I'm

willing to make you do we have a deal

Scott every time you mention male role

models your demeanor changes a little

bit same more and I I see the emotion

and passion in your face yeah the I mean

I like I said I could have easily come

off the tracks and all these

wonderful men from different parts of my

life I mean this is um one of my one of

my uh books the algebra of Happiness was

optioned to be turned into a series and

the series was going to be like an

R-rated version of Modern Family because

this was the reality of my life I lived

with my mother and her boyfriend for

seven years who was a male role model

for me we were that family that they

don't talk about in movies or dramas and

that is we were the second family Terry

was married with kids and every other

weekend he used to come spend with me

and my mom and you immediately think

this is a bad person he was wonderful to

me he was a great role model he was

generous he was kind he taught me a lot

about what it meant to be successful and

a good person and after him and my mom

broke up he reached out and kind of

tried to stay involved in my life you

know I had I had men like that I

remember meeting men I met a cam

counselor who would just stay in touch

with me and he he was in technology and

he taught me a little bit about

programming and here's the thing here's

the thing Stephen and this is I mean the

bottom line is when we go to Solutions

the number one solution for what ails

young men is other men and that is uh if

we want better men we have to be better

men and I think the ultimate expression

of masculinity where it shows your

powerful you're strong you're smart is

when you get involved and irrationally

passionate about the well-being of

another child out that is that shows you

have hit a certain level of success and

unfortunately I was on Bill Maher I'm

doing a lot of name dropping right now

and I said that and Bill Maher

immediately went well I'm not going to

get involved in any 15 year-old boy's

life they're going to think I'm a

pervert and the reality is the Catholic

church and Michael Jackson have [ __ ]

it up for all of us and that is

99.999% of paternal and fraternal love

that men want to display and get

involved in a young man's 's life is

positive and Society has taught us to be

suspect of those men and it's a real

shame because those random generous men

who came into my life were were were

instrumental instrumental in in my

development and turning into a

productive citizen I think a lot of men

have

those the inclinations and that desire

to get involved and and and the good

news is these young men in need of

guidance are everywhere sometimes it's

just your friend's kids because

biologically uh kids start pulling away

from their parents because they need to

to get out you know leave the nest so

they start thinking anything your dad

says is just wrong and stupid but your

Dad's friend when he says the exact same

thing you kind of Nod your head and it

makes sense and young men who need

guidance are everywhere everywhere you

know my Nanny's kid is struggling your

friend's kids are struggling young boys

are struggling I get emails every day

from dozens of young men who are clearly

just like good kids trying to figure it

out they're just trying to figure it out

and they want a little bit of

reassurance and a little bit of guidance

in someone just to tell them that they

matter right but yeah that that the

number of men just randomly with no

self-interest who got involved in my

life was just I mean literally a gift

several of them and a lot of these men

are finding Role Models online like

Andrew Tate who is many people describe

as a symptom of this of this

crisis

um is there anything that Andrew Tate

says that you fundamentally agree

with I I I understand there's there's a

lot that you have a different opinion on

but what is what is it that he says that

you think has holds

Merit uh I'll go for than that I think

the majority of what Andrew Tate says is

probably positive it starts from a

really good place take accountability

for your actions be in great shape be

action

oriented but it then kind of comes off

the rails and the one of the ways you

kind of take accountability or take

action is to try start treating women as

property is to sign up for my class on

how to trade crypto which makes Trump

University look like Harvard I mean it's

just

it's a bit of a grift and I also think

that it what starts off as positive and

that's most the mo quite frankly that's

the most dangerous thing about it

because you can imagine a young

boy a young man just agreeing with most

of it and so then they adopt the last 10

or 20% Which quite FR is is really ugly

it's just misogyny what do you think

about the Bugatti in the Lamborghini and

hey look a young man wanting to acquire

items that signal power and strength

such that I'm wearing a panai watch that

I haven't wound in 10 10 years okay

how's that any different right cuz I

want to Signal my attractiveness and and

and and success to strangers right so

yeah that's I I get it I get it but you

know the baller the guy who ends up with

more what I'll call lasting

opportunities and quite frankly more

mating opportunities is the guy who buys

a Toyota and a saving money and is the

first guy in his coort to buy a house I

think the majority of people are less

impressed by your things than you think

they're thinking about your [ __ ] less

than you're thinking about it I think

people are really impressed with

discipline and a

plan I used to believe I think up until

maybe two years ago that I no longer was

in search of stat status to some degree

well maybe like 70% I believe this

because I no longer have lots of

material possessions you won't catch me

and I mean you other than the car that

you arrived here in that's the nicest

possession I own I don't have sports

cars I don't have luxury item items or

watches or anything and then I read a

book by a guy called will stall who's

been on this podcast I'm sure the book's

behind me somewhere who told me that we

just are the the status games that we

play just change over time so instead of

logos we care about the size of the boat

or even Jack in his profession as the

Director of this podcast is playing a

status game of cameras and production

quality and that really changed my

perception I used to be quite judgmental

once I'd lost all my Louis Vuitton and

all the stuff that I used to buy of

people demonstrating status and I

arrived to the conclusion that it's

actually innately human it's it's part

of belonging and feeling valuable

amongst our tribes is playing these

status games and I guess that's what the

Bugatti is a metaphor of its the the

wealthiest man in the

world uh Bernard Arno and it's usually

either Bernard or musk but the

wealthiest man in the world figured out

that you know we want to feel Basic

Instincts the most Basic Instinct is

survival but a close second is prop

propagation what's that mean sex sex and

so the way you communicate your worth as

a mate is by one showing that you have a

Bugatti because what it means is I'm

successful and strong and if you have

sex with me your kids are more likely to

survive than if you have sex with

someone driving a Honda and women spend

a great deal of money on ergonomically

Impossible shoes and expensive creams

and lotions that elevate the height of

their cheekbones because supposedly that

means if you m with them their kids are

less likely to be prone to infection so

this all comes to propagation and show

me any product that has a margin gross

margins of greater than 70 or 80 points

I'm going to show you a product that

does one of two things makes you feel

closer to God I think the slope on the

back of a 911 I think the mesh on a BGA

Vanetta bag I think the you know

sometimes great art that can really

steal you you look at something and you

think God that just gives me a moment of

presence here that's because over time

the place we saw really really beautiful

things were sequestered to venues that

had a religious overtone to them the MOs

the temples the churches the most

beautiful artisans in the world were

commissioned to come in and say paint

the frescos on the ceilings here because

we want to give people the impression

that this is where God lives and people

started believing them when they heard

the music and they saw the beautiful

robes and the candles and the art so

when we are around really beautiful

things we just feel closer to God and

then the the other maybe more powerful

thing is it's signals are worth as a

mate and the desire to be more desirable

as a mate such that the next generation

is smarter Stronger Faster just never

goes away and the wealthiest man in the

world or it abates as you get older but

it doesn't I don't think it really goes

away but the wealthiest man in the world

is tapped into our need to feel closer

to God or be more um attractive to

potential M so I have a question back to

you where do you spend your money H

great

question businesses so investing

investing starting companies one of my

new chapter of my life where I'm I'm

starting companies and appointing CEOs

or investing uh investing very early on

in shaping the company I have a lot of

my money in the S&P 500 so just in a in

funds um I have some money in ethereum

which has been there for six years five

six years now it's done very well for me

so you're more evolved than I am

um you know I one of the reasons I

bought a home and as I think is so I

could tell people I own a home and Aspen

I'm I'm everyone has a certain level of

addiction you're either addicted to

trans fats THC alcohol codependent

relationship online shopping whatever it

is I'm addicted to other people's

affirmation and one of the ways I get

that affirmation is I don't want say I

don't flaunt my economic success I I

don't own a car I don't I don't wear

blingy things or anything like that but

I do find myself telling

people you know

just obnoxious douchebag things I hear

myself talking about stuff that canotes

my wealth so I still haven't gotten past

that I mean I still do that I definitely

still do that and I still and I and I

the minute it comes out of my mouth I

think you're still an [ __ ] oh and I

then I do it again I hear myself saying

it I'm like God that's just so nobody

needs to know that why is it important

to you that these strangers know this

and I still can't I still can't get past

it it's still Society tells you

especially I think as a man that your

worth is highly correlated to your

economic success and so the reason I

have an iPhone I think we all have

iPhones because we want to communicate

our worth as a mate if you have an

Android phone you're kind of signaling

to the rest of the world that life

hasn't panned out the way you'd hoped

that if you had been just a little bit

more successful you'd have an iOS right

seriously it's like carrying a Discover

card I have an AMX black card that you

want to talk about a douchebag I spend

$7,500 a year for a card I don't even

know what the benefits are but I want

when I'm out around food and alcohol and

strangers I want to throw down blacks so

they think wow the professor is a baller

I like him I want to be his friend or I

want to have sex with him and it's

ridiculous in the fact that every 12

months I get a $7,500 charge for

carrying a card that's a different color

and I mean I hear that and you know what

I've done it for 20 years I'm gonna do

it for another

20 so I don't it's kind of like do as I

say not as I do what's interesting is to

kind of sus out at least become aware of

these things and to limit them because I

have a black card modul yeah and I I

think when they offered me the black

card I have I'm like sponsored by Amex

or something but um You probably get

paid to carry a black that's the

difference but no I still looked at the

financial decision and there was this

one tier where it's like we'll give you

a concierge I'm like I have a full-time

assistant I have multip you're going to

call some stranger in Dallas and ask

where to eat I mean that you just don't

do that I think I just went for the

cheap option that comes with no pucks

but you get the card I'm still sure I'm

paying something for it but um what I'm

saying there is it's for me I thought

just get better you you're never going

to be perfect I'm still going to have

these like insecurities and try and show

off here and there but just try and get

better and try and you know have less

regrettable moments and just by saying

to myself listen have you gotten better

over the last 5 years I go yeah you know

you the direction of travel is good mhm

I think that's what matters well that is

that's what it is to be an involve

person and to be human and to be you

know you think about marketing the key

to marketing is AB testing and just

trying to get better and better and

better and that's we're trying to do as

human so I evaluate your weaknesses and

your strengths and say where could I be

investing more and divesting and what

types of

Behavior Uh do I want do I want to start

out I just think that's what it means to

be a good person discipline and purpose

and motivation a lot of young people

that will come up to you I'm sure and

come up to me often ask this question

which seems to be like an invalid

question but they they'll say something

like how are you always motivated or how

do I find discipline maybe they're on

the sofa playing video games they

looking up at a screen at someone they

admire and they just think I can't find

what that that person seems to have that

sort of consistent tenacity towards a

goal I sometimes wonder if in areas of

Our Lives where we're lacking the

discipline and the consistency we're

searching for do we just need a little

bit more pain I've sat here and

interviewed hundreds of people and you

you often find these Mo these Rock

Bottom moments are the Catalyst for a

change in Direction in someone's life

and when they're not there yet when

their parents aren't threatening to kick

them out of the house or their their

best friends turn against them and tell

them listen if you don't change your act

you're not going to be a friend with us

anymore it seems like just the

correlation I've seen is that there's a

moment of rock bottom or pain where the

incentive structure changes and people

go [ __ ] I have no choice now the pain of

staying the same becomes greater than

the pain of making the

change I think that's right I think most

success involves sort of it's not just

sort of gradual up into the ride there's

some Shock value there I think if George

W bush you know talks about his wife

Laura I think the same thing happened to

his vice president at some point they

were you know alcoholics and basically

their wives their respective wives both

of them both case said I'm leaving you

unless you stop drinking and kind of

once they stopped drinking their lives

they're professionally and personally

just took

off uh for other people I mean I think

it I think there are moments like that

for almost anyone who's been successful

or maybe not maybe it's incremental just

High character people keep plugging away

alcohol though interesting subject we've

not spoken

about yeah so I think a lot about

alcohol first so first off I just mean

to acknowledge I love alcohol and I'm

really good at it um like Winston

Churchill I believe I've gotten more out

of alcohol than it's gotten out of me

and I think there's this myth of

addiction that everyone who drinks or

does you know engages in THC is probably

going end up living under a bridge or be

economically ruined I don't think that's

true at all I think that the majority of

people who engage with substances do so

in maybe not a productive way but in at

least a way that's not going to ruin

their lives or their

careers and I'd like to think I'm one of

those people having said that if you

look at the studies around happiness

especially the largest study the grant

study where they segment people into

quintiles from the happiest to the least

happiest the most common attribute

across the cohort of the least happiest

was

alcohol and what I suggest what I advise

every person especially young people

especially young men who are more prone

to addiction to do is to do an audit of

your

addictions and to go through everything

and say all right everyone has a certain

level of addiction what are things I

just do a lot of that I could probably

do a little bit less of and then decide

what would happen and the test isn't

well am I living under a bridge or am I

addicted that's not the test for

addiction the test is would I be just a

little less shitty at things if I did

less of it when I got really serious

about my career when I got really

serious about trying to develop the

economic security to take care of my

mother I substantially decreased my

intake of alcohol and I didn't do any

drugs and I found that part and parcel

of developing the professional and

economic success I wanted at an early

age involved a level of just sheer

commitment that alcohol wasn't conducive

to it was when I got into businesses

later where they were more about

relationships and I had more

opportunities to go out where alcohol

kind of crept back in but I don't think

it's a bad strategy to decide that

you're going to work and work out and

invest in trying to meet people and that

alcohol alcohol can serve as a decent

lubricant as a young person to helping

meet other people is it's easier to

approach strangers after one or two

drinks um but I don't think it's a bad

strategy when you're trying when you're

on the up curve really trying to make a

lot of progress fast I mean if you think

of your professional career it's like a

rocket the majority of the fuel is just

is is spent trying to get out of the

supy atmosphere and then once if you can

get out of the atmosphere into the orbit

that professional momentum will take you

a long way but it's really hard and

costly to get out of that atmosphere the

inner

orbit and when you're really trying to

kill it and you just need to be kind of

Allin on your

career yeah that's probably a point

where you want to air on the side of

doing less rather than more quick one

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I've always muled with is when we think

about the stats we've discussed in the

crisis and the issues in society yeah um

the direction of travel and how we're

living Our Lives more digital more alone

more lonely um more dependent on

processed foods and sugars and other

chemicals to keep ourselves seemingly

balanced there it feels like the

solution must be quite deep systemic in

the way that we're designing our society

so so I the question I've always

wondered is do we have to just like rip

up the entirety of the blueprint of how

Society is designed to solve for these

problems loneliness depression

sexlessness all of those subject

matters I don't think so I think the

solutions are

simpler uh than than the incumbents want

to admit in corporations a key component

of entrenchment is the delusion of

complexity you know um Twitter and

Google and meta will say that the hate

speech and the polarization that they've

created in the teen depression are kind

of indicative of broader problems in our

society and are these really complex

problems and they kind of stare

thoughtfully into the camera like we got

to solve these problems together

yet they kick One account off of Twitter

the real Donald Trump an election and

misinformation goes down 40 to 60% in

one day if they age gated social media I

think you would see a dramatic decline

in teen depression if you remove section

230 protections I think YouTube would

find ways to stop radicalizing young men

on YouTube uh I think the solutions are

simpler

than they're simpler but they're

expensive and specifically they're

expensive against the people in charge

and that is rich people in corporations

and I'll give you an example if you were

to try and reverse engineer the problems

in our society to kind of one Blast Zone

one Ground Zero I think it's what we

said before I think it's that for the

first time in our societ iy in a democ

in democracies it's happened in the US

it's about to happen across the majority

of the 28 countries in the EU in the EU

for the first time a 30-year-old isn't

doing as well as his or her parents

that's a fundamental breakdown in the

compact between a family and a society

and they get angry and they blame the

government or they start demonizing and

then someone fills that void and starts

demonizing other groups and says oh it's

not your fault it's their fault and that

can lead to very ugly places in history

so my solution is my Solutions are

pretty straightforward

if you have the average 7-year-old is

72% wealthier than they were 40 years

ago and the average person under the age

of 40 is 24% less wealthy and the

percentage of wealth is a percentage of

GDP controlled by people under the age

of 40 has been cut in half and a house

is 12 times more expensive than it was

40 years ago but their income is only 6X

what it used to

be we have too much money being crowded

into not only the rich but the old and

if you want if you want to solve if you

were to try and have one answer that

would address not all of it but really

take a dent out of obesity addiction

deaths of Despair uh male abandonment

divorce depression if we raised and I

don't know the numbers here but if we

rais in the United States the minimum

wage if we triple the minimum wage I

think you would go a long way to solving

a lot of those problems I think putting

more money in the pockets of young

people uh and reducing the rage and the

shame and the deaths of Despair uh and

the would go so far to solving

loneliness I think it's pretty basic at

the end of World War II the top tax rate

was 92% we just decided rich people are

here to reinvest in the middle class

when Reagan entered office and when

thater entered office the top tax rates

were about 70% by the time Reagan left

office it was 27% what we've seen across

studies University of California

Riverside and UC Berkeley did studies on

minimum wage and in Washington state

California New York where they

dramatically raised minimum wage the

incumbents will tell you the sky going

to fall businesses are going to go out

of business people are going to stop

hiring it's going to expedite them

trying to figure out a way to buy the

new burger Tron to to make burgers not

humans and what they found was the

opposite that when you increase minimum

wage even dramatically it grew the

economy and jobs because here's the

wonderful thing about lower and middle-

inome people when you give them money

they spend it and so the multip supplier

effect is more stimulative than when you

crowd money into the top 1% so if a

magic wand first thing a dramatic

increase in minimum wage and there's

very things very few things we could do

that would have this much impact without

increasing the deficit and it's time we

have employment unemployment at historic

lows so the employment Market could

absorb an increase in mandatory minimum

wage as a percentage of of GDP wages

have never been lower yet corporate

profits have never been greater

so yeah corporate profits would be hit

yeah the markets might go down and it

would absolutely be worth it this is

this is Ground Zero that's where we

start we're going capitalism is about a

Dignity of work and because there's such

a demand there's now 1.7 open jobs for

every one person seeking a job in the US

I think it's 1.3 to one in the U in in

the UK we need to put more money in the

hands of lower middle-income households

full stop how many kids have you got SC

I've got two 13 and 16-year old boys

what is it you the advice you give them

about the world they're coming into

their their adolescence and their going

to be off dating and all of those things

if you if you had to equip them with I'm

sure you do what are the messages you're

trying hard to either directly equip

them with or

indirectly infect them with in terms of

values and principles for life um for

your oldest you said 13 m is 16 my is 13

13 okay so 16 years old Jesus that's

when it all starts happening mhm so what

I try and do is like I think about all