Hi, I’m Azeem Azhar. I convene Exponential View to help us understand how our societies and political economy will change under the force of rapidly accelerating technologies. Every Wednesday, I do this in Charts of the Week.
CHART OF THE WEEK
20% of 16-24 year-olds in China were unemployed in July of this year, which is 4x the youth unemployment rate of the US, and about 50% higher than the Euro area. Although this rate has now come down to 18%, it’s still a sign that the Chinese social contract is changing. The population is expected to give up freedom for economic prosperity, but instead, is met with incessant lockdowns and a crumbling tech sector.
The rest of the edition is open to paying members only. Here’s what’s behind the paywall 🔒:
How gender diversity is distributed across innovation,
Why ESG is losing momentum on the corporate agenda,
Wednesday survey: which country has the most favourable view of the EU?