Lately I’ve been reading more pieces about the approaching succession crisis that will be the long-delayed hand-off of power from the seemingly eternal Boomers to the rapidly aging Gen Xers and Millennials. That will release a massive bottleneck of jobs and wealth that should—if AI doesn’t put us all out of work—lift those generations to higher levels in the corporate and academic worlds, while also allowing the unfortunates of Gen Z a chance to get a job.
Writer Aaron Renn has covered the topic: https://www.aaronrenn.com/p/the-boomer-paradox-jeff-giesea
He also helpfully linked to a trilogy of essays by Jeff Giesea detailing the ramifications of what I call the “Post-Boomer Collapse“:
- The Boomer Reckoning No One’s Ready For
- Boomer Caregiving Will Wreck Our Politics
- The Long Boomer Farewell
Each of these essays gives a sense of what will come as the Boomers continue to grow older and, ultimately, die off.
For all the vitriol poured on this generation (and I’m guilty of it as well), their passing will bring with it major shockwaves.
It’s why I advocated a year ago that the Boomers still lingering in leadership positions should go ahead and step down. If they do so thoughtfully over the course of the next few years, they could groom successors and assure a smoother transition. If they stubbornly cling to their roles (“I just love to work!”), I fear that we’ll experience a competency vacuum on an unprecedented scale.
We all know stories of post-colonial African nations in which, having ousted the colonizers, the local people don’t know how to maintain the advanced infrastructure left to them. Maybe a few folks know how to keep existing systems running, but as they retire or die off, no one is proficient enough to keep things running. The power plant coasts for a few weeks with whatever coal was shoveled in last (I don’t know in detail how power plants work, so don’t crucify me over this illustration), then people wonder why their lamps don’t work anymore.
Heck, if all the nuclear engineers disappeared today, I wouldn’t know how to run a nuclear power plant (see the prior paragraph, which used a coal-burning plant, but you get the idea).
Similarly, if we lose huge amounts of institutional knowledge over the span of ten years without trained successors, we’re doomed. Thankfully, many organizations have engaged in succession management, but I suspect we’re in for a world of pain—or, at the very least, some unpleasant ruptures.
All the more reason for the Boomers to loosen their grip and let the next generations have a turn at the wheel.
With that, here is 26 April 2025’s “The Post-Boomer Collapse?” (original on SubscribeStar):
