Complete nonsense. When a large segment of society has been priced out of the job market, it is society's problem. Because if society's only solution is to tell them to be more like Edison, they are going to tear society down.
And "more valuable than zero" is not enough to live on.
Except they don't tear society down. They get angry and tear their own neighborhoods down, bringing real estate values down and businesses leave for more profitable and less violent climes. Once these unemployable and ineducable people hit rock bottom after being kicked out of mom's basement, they start killing themselves.
Drugs and guns are a way to speed the process up, but that's what happens eventually.
Then the intelligent carpetbaggers come in and buy the ghettos up, renovate what was once valuable land into something that is valuable again.