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    Home»Personal Finance»“The most disappointing generation” according to Mark Cuban: Boomers against Zoomers
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    “The most disappointing generation” according to Mark Cuban: Boomers against Zoomers

    November 5, 20223 Mins Read
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    Dallas Maverick owner and billionaire entrepreneur Marc Cuban believes that the baby boomer generation started with the right idea, but only declined since the 60s and 70s.

    “Baby boomers will go down in history as the most disappointing generation ever, from sex, drugs and rock and roll to what we have today,” he said. Adam Grant on the “Re:Thinking with Adam Grant” podcast.

    See also: Elon Musk disagrees with study warning of economic growth collapsing before year 2100 due to physical limitations

    What do you want to know: Baby boomers have gone “from fighting man to being everything hated in the 60s and 70s,” Cuba continued in a Tweeter on Sunday. He was responding to one of his followers, who mentioned a Fortune article on the podcast episode as “distorted”.

    “The core technologies Cuba used to become a billionaire and zoomers use to ‘quietly quit’ were largely created by baby boomers,” Cuban followed on Twitter, @GoGreen566wrote.

    While both agree that baby boomers pave the way for Zoomers (those born between 1995 and 2010), it is the latter who Cuba says will become known as the “biggest generation.”

    “They consider all the ingredients when making decisions, and I think that’s beautiful,” Cuban said.

    Speaking of workplace culture, Cuban attributes the paradigm shift taking place, with employees gaining more power by seeing themselves as “free agents” and organizations needing to earn back employee trust “every day,” to Gen Z.

    It’s down to “tax, financial and personal health balance, isn’t it, because either you accommodate it for your employees and customers or they’ll find someone who will,” he said. said Cuban on the podcast, as reported by Initiated.

    The fiscal, financial and personal balance that Cuba refers to is a phenomenon strongly associated with Gen Z employees, who largely choose to define themselves less on what they do for work and more on what they do outside of it. work.

    “While other generations thought their identity started at 9 a.m. and ended at 5 p.m., Gen Z often feels their identity begins outside of work,” said Jason Dorseya Gen Z expert and founder of the Center for Generational Kinetics, for Fortune in August.

    The new way of thinking has sparked a rise in “silent quitting,” where employees only do what is necessary for their jobs to maintain their sanity and work/life balance.

    Cuban thinks the way Gen Z views work, life, and the importance of “emphasizing mental balance” puts more pressure on organizations to re-evaluate their practices.

    “I think organizations will have to understand this more and more as we move forward. Not just for how you treat your employees, but also for what your customers expect.”

    See also: Mark Cuban Says “Pharma Bro” Martin Shkreli Inspired His Pharmaceutical Company Cost Plus

    Photo: Courtesy of Skidmore Gage on flickr

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