Editing 2080: Cohort and Age Effects

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"{{w|Millennials}}" are the generation of Westerners who were born between the early 1980s and the late 1990s, whereas {{w|baby boomers}} are the generation born during the "baby boom", a period of high birth rates from the late 1940s to early 1960s. A common headline on news websites is "Millennials are killing the X industry" where X is a product whose sales have dropped in recent years, such as [https://ezplaytoys.com/pages/products jungle gyms for kids]. One of the most famous is the {{w|diamond industry}}, where a combination of the {{w|wage gap}}, stigma over {{w|Blood diamond|conflict diamonds}}, increased knowledge of ([https://what-if.xkcd.com/108/ in Randall's words])  {{w|De Beers antitrust litigation|"complicated gemstone market"}} and less desire to get married early has seen millennials buying less diamond jewelry than previous generations.
 
"{{w|Millennials}}" are the generation of Westerners who were born between the early 1980s and the late 1990s, whereas {{w|baby boomers}} are the generation born during the "baby boom", a period of high birth rates from the late 1940s to early 1960s. A common headline on news websites is "Millennials are killing the X industry" where X is a product whose sales have dropped in recent years, such as [https://ezplaytoys.com/pages/products jungle gyms for kids]. One of the most famous is the {{w|diamond industry}}, where a combination of the {{w|wage gap}}, stigma over {{w|Blood diamond|conflict diamonds}}, increased knowledge of ([https://what-if.xkcd.com/108/ in Randall's words])  {{w|De Beers antitrust litigation|"complicated gemstone market"}} and less desire to get married early has seen millennials buying less diamond jewelry than previous generations.
  
Randall spoofs this idea. In the comic, [[Cueball]], as a [[:Category:News anchor|news anchor]], presents a heading which opens his story by asking if millennials are killing the industry of surgical {{w|Joint replacement|joint replacements}}, illustrating it with numbers of joint replacement procedures among millennials compared to baby boomers. The joke is that millennials are simply too young for most of them to need joint replacements (which are usually used to treat senile {{w|osteoarthritis}}), so most people will see that so there really isn't a news story here. Randall is using this example to highlight that this kind of story is ridiculous. Millennials will likely need joint replacements in the future as they get older, potentially keeping sales of joint replacements at close to their current rate.
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Randall spoofs this idea. In the comic, [[Cueball]], as a [[:Category:News anchor|news anchor]], presents a heading which opens his story by asking if millennials are killing the industry of surgical {{w|Joint replacement|joint replacements}}, illustrating it with numbers of joint replacement procedures among millennials compared to baby boomers. The joke is that millennials are simply too young for most of them to need joint replacements (which are usually used to treat senile {{w|osteoarthritis}}), and millennials will likely need joint replacements in the future as they get older, potentially keeping sales of joint replacements at close to their current rate.
  
 
A '''{{w|cohort effect}}''' is a cultural difference between generations (such as buying fewer diamonds), whereas an '''age effect''' is one that is simply related to getting older (such as getting arthritis). Joint replacement rates are an age effect, but the newscast is presenting them as if they were a cohort effect. (More correctly, the table rows would be labelled e.g. “people aged 53–72” and “people aged 17–36”.)
 
A '''{{w|cohort effect}}''' is a cultural difference between generations (such as buying fewer diamonds), whereas an '''age effect''' is one that is simply related to getting older (such as getting arthritis). Joint replacement rates are an age effect, but the newscast is presenting them as if they were a cohort effect. (More correctly, the table rows would be labelled e.g. “people aged 53–72” and “people aged 17–36”.)

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