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Why Millennials Don't Want To Buy Stuff

Why Millennials Don't Want To Buy Stuff
Compared to previous generations, Millennials seem to have some very different habits that have taken both established companies and small businesses by surprise. One of these is that Generation Y doesn't seem to enjoy purchasing things. The Atlantic's article "Why Don't Young Americans Buy Cars?" mused recently about Millennials' tendency to not care about owning a vehicle. The subtitle: "Is this a generational shift, or just a lousy economy at work?" What if it's not an "age thing" at all? So is technology the culprit, then? And there's the culprit. Humanity is experiencing an evolution in consciousness. This new attitude toward ownership is occurring everywhere, and once we recognize this change, we can leverage it. A New Form of Competitive Advantage Even in this strange new world, the economic laws of scarcity apply, and they are precisely what's shifting. The biggest insight we can glean from the death of ownership is about connection. 1. 2. 3. Related:  Ideas

Why 3D printers are 'the sewing machine for the 21st century' April Staines, left, and Emily Gornalle set up Staines' 3D printer. Photo: Supplied While there are plenty of industries that can benefit from 3D printing, and a large number of enthusiasts already making everything from computer parts to kitchen gadgets, one fan of the technology is evangelising its use in a more everyday context. April Staines, co-founder of Melbourne-based company Girl Geek Academy - which aims to increase the number of women with tech skills - sees 3D printing machines as a potential boon for independent craftspeople and engineers. A huge fan of Star Wars and Hello Kitty, Staines first met a 3D printer at a pop culture expo. 3D craft-printing enthusiast April Staines and her 'kawaii' printer. "I make costumes and props for cosplay", Staines says. Advertisement In looking for a more effective way to import fragile materials from the United States, Staines found the new printing device could provide a solution. However, the current user base is male-dominant.

She’s just not that into you: China’s bachelors in crisis thanks to shortage of women Chinese men with a drag queen at the Chunai 98 club in Nanning, Guangxi Province. Source: Getty Images CHINA’s bachelors are in crisis. Figures released this month show that at the end of 2014, China had 701 million men and 667 million women — a shortfall of nearly 34 million. With 120 men for every 100 women, China’s Bridget Joneses are now male, and increasingly desperate for a date. The country’s media has begun advertising options for foreign wives, recommending women from Japan, South Korea and even Ukraine. The race is on for boys to find their future wives. Beijing News provided a helpful chart showing top destinations around the globe for China’s male singletons to find a partner. In truth, the biggest problem has been the country’s one-child policy, which led parents to abandon girls or use sex-selective abortion to guarantee a male child. The government is now pushing for all couples to have a second child, but the cultural shift has not yet happened.

Gyde this: Aussie brothers Andrew and Scott Julian aiming for the Google of streaming video Tech entrepreneurs Scott and Andrew Julian at their office in Melbourne. Photo: Scott Barbour What if finding good streaming video to watch on your TV was as easy as searching for answers on Google? Melbourne brothers Andrew and Scott Julian have created an app they want to be the Google for streaming shows - a sort of universal remote control for internet TV. In the next few months, Australians will have access to unprecedented sources of new and old TV shows and movies as Netflix joins Foxtel Presto, Stan, Quickflix and Dendy Direct in offering online entertainment via set-top box, smart TV, portable device, or devices like Chromecast and AppleTV. Tech entrepreneurs Scott Julian (L) and his brother Andrew Julian have developed an app called Gyde, a search engine for multiple TV streaming services. Navigating this new, hectic, entertainment pool in a Google-like way is something in which the duo with established data and start-up pedigrees has invested many late nights. Advertisement

Who we are as Australians in 2015 Australia is a culturally diverse country. Source: News Corp Australia AUSTRALIANS often view themselves through an old-fashioned whitebread prism of mum, dad, two kids, two cars and a house in the suburbs with a pool or an injury-inducing trampoline. But times have moved on (and on) and what Australia looks like isn’t the ‘Aussie dream’ of days of yore. Dad isn’t a company man who’s stuck with the same firm for 30 years and the kids aren’t leaving school after year 10 for an apprenticeship — well, some still are, but not in the same volume. Social research firm McCrindle has put together a look at what Australia is in 2015. — Nuclear families (mum, dad and kid/s) used to be the ideal of the past. Couple-only households will outstrip nuclear families within a couple of years. — The rise of the couple-only household is due to there being more of them at both the younger and older ends of the scale. — We’re in the midst of a baby boom with more than 350,000 babies born every year.

Sydney start-up launches The Realm System to bring ‘force’ to video games and virtual reality Small operation ... The Realm System technology's Sydney team is based in a Paddington garage. Picture: Supplied. The Realm System technology, created by an Australian technology start-up, is designed to add force to gaming. THE latest evolution in video game technology could come from a modest garage in Paddington, Sydney, where a small team are creating a way for players to feel the games they play. The group’s creation, The Realm System, launches on crowd-funding website Kickstarter today, where keen users will be asked to invest in the technology at a cost of $US199 for a developer kit with six motion-sensing games. KICKSTARTED: 10 cool gadgets that came from Kickstarter VIRTUALLY REAL: Samsung and Microsoft compete for the virtual future of games. The Realm System co-founder Matt Long said the idea behind the invention began in Britain’s Teeside University, where it was used as a fitness device to assist people with a “sedentary lifestyle”. Feel the force ... Gaming system ...

Whether we like it or not, porn rules our lives and has changed the way we live. This is how Who needs to get their naughty pictures printed if it’s all digital? Source: Supplied News.com.au's Debra Killalea sits down with adult film superstar, James Deen. More videos available at the News video hub Film critics and fans commented on the lack of diversity in the 2015 Academy Award nominations. The films Birdman and The Grand Budapest Hotel have both scored nine Oscar nominations. Period drama set in the United Kingdom on BBC one. The Expanse follows the case of a missing young woman who brings a hardened detective and a rogue ship? We spotted Kate Upton enjoying a few cocktails with her girlfriends in New York City. Jennifer Aniston may have had to 'let herself go" a bit for her latest film Cake but the actress couldn't have looked better as she arrived on the red carpet at the Arclight Theatres in LA for the film's premiere. Kim and Khlo Kardashian have been snapped out in LA filming the latest episodes of their hit reality TV show Keeping Up With the Kardashians. Why?

How Lego became the world’s biggest toy company The Lego Movie grossed almost half a billion dollars worldwide. Source: Supplied EIGHTY-three years ago, not many people would’ve thought that toy stacking bricks would go on to become a multibillion-dollar business and the biggest toy company in the world. But it’s not just the biggest toy company in the world — it has a universal appeal that few brands have managed to capture. Since 1932, it’s managed to hold on to its ethos of ‘creative play’, which has seen consumers reward it handsomely. But it hasn’t always been smooth sailing — 12 years ago, it was on the verge of bankruptcy. Following on from the success of wildly popular The Lego Movie last year, the privately-owned Danish firm surpassed Mattel (maker of Barbie, Fisher Price, etc) to become the biggest toy company in the world by sales. Ole Kirk Christiansen (centre), outside the original Lego toy factory in Billund, Denmark, in 1958. But its success story belies its humble origins. The Lego City police station.

Business Diploma gold rush: Private colleges sign 10,000 students up to $90m worth of loans Up to 40 per cent of VET FEE-HELP loans will never be repaid. Source: Getty Images DOOR-TO-DOOR selling, cold calling and other aggressive marketing tactics helped two private colleges sign up more than 10,000 students to expensive taxpayer-funded Business Diplomas in 2013, many of which will never be completed. Careers Australia Education Institute signed up 6,165 students to the popular course in 2013 — an extra 5,266 students from the year before — for a total of $51,227,115 worth in government loans. That represented a 586 per cent increase in students on 2012. At the same time, the Australian College of Training & Employment, trading as Evocca College, signed up 4,047 students for $39,127,500 worth of government loans. The Business Diploma gold rush highlights just part of the bigger picture, with growing signs of a crackdown on the current sector arrangements which allow private colleges to make massive profits through state and federal government funding. frank.chung@news.com.au

Forbes.com writer Jason Lim launches Asia Recon, an initiative exposing Aussies to hidden opportunities across Asia - Startup Daily This year, there seems to be a real focus on the Asian startup ecosystem. Already, within the first eight weeks of the year there has been an unprecedented amount of tours, educational trips and launches announced involving the region. Some of note include Pozible’s initiative with the Shenzhen government in the Internet of Things space, the upcoming China tour by muru-D startups and of course the new focuses by both TechinAsia and e27 Echelon Ignite approaching some parts of the publications’ respective conferences from a regional perspective. Added to that, co-founder of Technode and Koombah and Forbes.com contributor Jason Lim along with business partner Mathew Benjamin are announcing the launch of an exclusive Asian startup focused event called Asia Recon. The initiative will see 12 delegates from Australia chosen to participate in a seven-day tour to Singapore, Shanghai and Beijing from the 6th to 13th of September this year. inShare45 Vote on Hacker News Comments comments

How You Can Use Geofencing to Improve Your Privacy & Security Privacy threats based on digital technology are increasing, so why not use digital technology to combat them? Geofencing uses GPS to define geographical boundaries, and can prove very useful in managing your personal security. From telling drone manufacturers you don’t want their devices flying over your house, to setting up Flickr to share photos from a given location only with people you trust, there are many ways you can use geofencing to take control of your privacy. What Is Geofencing? Geofencing relies on the global positioning system or an RFID tag and enables the user to create a virtual barrier or zone. Geofencing might be found in the workplace, too. These examples each specify ways in which geofencing is used by other parties. No Fly Drones Perhaps the most interesting use of geofencing is to manage where drones can and cannot fly. Here’s an example of some aerial photography revealing something that was definitely a secret at the time: Protect Your Photos on Flickr

Cashed-up Chinese head Australian tourism boom Seeing the sights ... Chinese tourists Zhuang Zi Zang, Chiu Chia-Yzn, Cindy Xiurong Li and Zhang Min in Brisbane. Picture: Annette Dew Source: News Limited CASHED-UP Chinese tourists are flocking to Australia in droves with a 21 per cent increase in visitor visa applications on last year. Australia continues to be a hotspot for Chinese tourists, with Immigration Department figures showing close to 600,000 visitor visa applications from China were lodged in 2014, up 21 per cent on the previous year. Chinese tourist Joanne Cheung, 21, in Brisbane’s Queen Street Mall. In 2015, Lunar New Year visitor visa volumes are up 23 per cent, compared to 2014, with over 120,000 visitor visas finalised to date this calendar year. The drop in the Australian dollar seems to have also spurred a return of visitors from the United States with a 7.4 increase in visa applications in the December quarter compared to 2013. Visitors from the UK have also slumped by 3.6 per cent. Strike a pose ...

Add online payments to your website easily with SecurePay by Australia Post #sp Disclaimer: Brought to you by Nuffnang and SecurePay Setting up online payments at your website so your customers can make purchases directly with their credit cards, shouldn’t be tedious. I remember the hassle of having to apply for an internet merchant account (which includes the process of finding best deals at different banks) when I helped someone to set up an e-commerce website some time ago. There is also the monthly fee that you have to pay to the bank for having an online merchant account. As it may take a while before your website goes live, this is an expense that shouldn’t happen yet. SecurePay basically combines the two essential elements for an online payment (an internet merchant account and a payment gateway), removing the hassles and issues I mentioned earlier. SecurePay Online Payments service is hassle-free as you don’t need to keep calculating whether you are making enough profit to cover all your monthly expenses. The following two tabs change content below.

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