He proposes the following idea:
- Everybody born within 22 years of each other belong to a "generation"
- Generations follow a cycle:
- There is a rebellious generation
- The next generation is trying to keep the ideals of the rebellious generation alive
- The third generation is very conservative
- The fourth generation is a "crisis" generation that will eventually lead to a rebellion in the next generation and the cycle continues.
- Millennials are the crisis generation today
It's a very interesting theory - and provides a new way to think about what comes next. Looking back, the last generation that appears to be a "rebellious" generation were the hippies centered around 1969. I can't think of any giants that started in that era. Instead, that era felt like it produced most of the core technologies that drove big economic changes in the next several decades.History doesn't really repeat, but it sometimes rhymes with itself. If the next generation is rebellious - and they end up being like the last rebellious generation - we are looking at 22 years of deep technological developments that will lead to the next big things in two generations from now.
Honestly - this is just an interesting way to think about the world but I wouldn't act upon it. If I was forced to place a bet on who (not what) will make it big in the next 25 years, I'd put $5 (and not a cent more) on somebody who is doing a PhD today and will get to work on deep research for a few decades.