The young generation (Gen Z) wants to become rich and wealthy, so being an employee in a traditional organization will not make them as rich as they wanted. That is why all of them engage in online making, which includes social media accounts, trading bitcoin and other alt-coins, and other online sources of making money that do not require a lot of stress and get more money, which the millennials and Gen X view as a lazy generation.
But what is supposed to be put into consideration is that in this generation, everything has become a technology base, which will soon be a threat to the traditional workers because with technology, everything will be easy and employment will be scarce, so to me, it is better for Gen Z to focus on ways to make money online than to depend on traditional employment because of the threat associated with it.
Today's young generation has become accustomed to technology and sees huge potential in making money online. They believe that by focusing on online income, they can achieve higher levels of wealth than through traditional employment. With increasingly advanced technology, traditional jobs are considered vulnerable to replacement by automation and smart technology. Therefore, Gen Z is expected to prefer online income channels to anticipate changes in an increasingly digital world of work.
In developing countries, this trend is also visible where the younger generation is increasingly interested in online earnings rather than traditional jobs. This is reflected in the increasing number of online business people, content creators and digital financial market players. With the ongoing digital transformation, young people in developing countries are also likely to follow the same direction as the global Gen Z in seeking more flexible and technology-based sources of income.