A New York billionaire made some tone-deaf comments that have led to people referring to him as a modern-day Marie Antoinette. The billionaire believes the younger generations have nothing to worry about as long as they’re not facing a nuclear war.
The Gen Z and Gen Alpha generations were born into a time when numerous ground-breaking technological advancements were made. Jamie Dimon, CEO of JPMorgan Chase, believes technology is all they need to live happy lives. Despite the current financial difficulties in the country, the CEO billionaire thinks that the economy will only get stronger because of technology. Furthermore, he stated that younger people will be beneficiaries of the Great Wealth Transfer and will only become richer from the inheritance they will eventually get from their older relatives. In an interview with Fox News, the Wall Street veteran said:
“These kids, anyone who’s depressed—as long as we don’t have nuclear war—they’re going to have an unbelievable life. People say the next generation’s in bad shape. Really? They’re going to inherit a country that’s worth two [or] three hundred trillion dollars.”
Dimon added that the next generation will most likely live to 120 because “AI is going to cure some cancers.”
“They shouldn’t be bemoaning their situation; they should be looking at the world and saying, ‘What can I make of it? What can I do better than the folks before me?” the CEO added.
While Dimon believes his argument is sound, social media users countrywide think otherwise. Citizens believe that the billionaire only makes these comments from a place of privilege. They likened him to the famed Queen of France, Marie Antoinette, who obliviously suggested that her people should eat cake if they could not afford to eat bread.
“To be honest, these days, you can’t go more than a couple of days without them spouting some modern remix of ‘Let them eat cake,’ one user lamented. “Let them eat cake. I’ll be long gone when the bill’s due. -Jamie D.,” another user added.
More people reacted to the billionaire’s statements, pointing out that although he was out of touch with reality, he may know something about an impending war.
One user commented, “‘As long as there’s no nuclear war’ Why do you have to jinx us like that.” Another replied, “More like, why did you have to mention that? Not for jinxing us, but more so, do you know something we don’t? Is it being discussed as a first strike potential type of thing?
Someone else pointed out that the Wall Street veteran was also “saying you will own nothing and be grateful for it.”
The JPMorgan Chase CEO further advised that if people want to achieve the same level of success he has, all they need to do is work hard, take care of their minds and bodies, and have a little humanity. Does CEO Dimon’s advice still apply in these times?