Should I give up on any chance at social security in 40 years?
Specially later I think is something that as society we have to accept. You can not keep everyone alive as long as possible. On other side, with AIs and lot of drugs becoming generic we might be able to medicate affordably for quite a while.
Personally I would be thrilled if civilization survived another 40 years.
SS may very well survive at reduced benefits a lot longer than 2035. Whether someone should give up hope of any benefits in 40 years is a fair question.