I think it can attributed to three major economic trends that have largely gone unnoticed and unchecked for the last 20 - 30 years. Since these are not often discussed, I will come up with names for them. There might be better names for them out there, but I don't have time to research this right now.
1. Attention commodification. We have built an ad-based economy that commodifies attention to the point that there are always distractions competing with the things we are trying to accomplish for our attention. These distractions have been psycho-engineered to cause the release dopamine, adrenaline, and other powerful neurotransmitters and hormones to influence and manipulate consumers. The end result is that the minor dopamine released from doing well on a math test cannot compete with the huge dopamine rush of killing a boss in a video game or getting a text on Instagram. This trend also makes kids expect instant gratification and anything where gratification is delayed, such as the work that goes into learning a new skill, is deprioritized to instant rush of push-button success.
2. Service economics. Because we offshored and outsourced most of our STEM jobs in the 90s, we have conditioned an entire generation of millennials to believe that their only worth is as a servant to paying customers and the wealthy where the only job skills they need is enough obsequiousness, charm, and obeisance to prevent Karen from summoning the manager. Note that this ties in to the overselling of college degrees, and hordes of youth trying to pay back student loans for college degrees that they can't use working as baristas and bartenders. Note that the one STEM field we didn't outsource is the medical and healthcare fields, but also notice that a high-paid servant is still a servant.
3. Welfare entitlement. Years of Dr. Spock-style child-rearing where self-esteem is prioritized over competence and children are shielded from the negative consequences of their own actions or inactions, have bred a generation that feels entitled to things that have traditionally been the reward for cleverness and hard work. This was glaringly exposed during the pandemic, where unemployed people who simply stayed home were paid more by the government than the essential workers that risked their lives were paid to keep society limping along. Nature does not give everyone a trophy just for showing up, and whatever buffer we have created between civilization and jungle law by virtue of the surpluses of past generations and the indebtedness of the current one cannot evade the reckoning of natural selection forever.
Stuart LaForge