Just a quick informal poll if its allowed.
For users/people who think you are "worse off" vs back then, could you let us know which country you are in?
For users who grew up in Asia/developing countries, I would think the young nowadays have a lot more opportunities/chances to strike it rich.
What seems to be occurring at this stage = there used to be a income/price discrepancy for work done, solely because most work had to be performed by locals. The main change now is a lot more of this work can be given/outsourced to employees who have lower wages in developing countries.
It would be interesting to see the results of the poll.