Jimmy Wales, Wikipedia and lazy journalists

“They were always lazy, now they’re just a little better informed.”

Tomorrow marks the tenth anniversary of the birth of Wikipedia, the collaborative online encyclopaedia launched as an experiment on 15 January 2001 and now hosting 17 million pages across 271 languages.

Yesterday, I spent most of my day in the company of Wikipedia's founder, Jimmy Wales, as he spoke at the Bristol Festival of Ideas (his only public outing of this visit) and then on the journey back to London, where he hosted a party to thank the army of British Wikipedia volunteers, under the umbrella of Wikimedia UK.

Before talking to Wales I did the social (media) thing and canvassed for questions via Twitter. My favourite came from The Media Blog's Will Sturgeon, a former colleague.

So I asked Wales: do you feel guilty about breeding a generation of lazy journalists? His answer:

I think they were always lazy, now they're just a little better informed [laughs].

No, actually I think oftentimes journalists who are lazy and using Wikipedia get caught out; and there are lots more journalists who understand how to use Wikipedia correctly. [As a journalist] you go out to interview the head of a company, or a certain politician and you don't know much about them. So this way you can quickly get some background and, also, read the discussion pages to find out what are the things the public don't quite know.

During the rest of our interview – conducted mainly on the 14.30 from Bristol Temple Meads to London Paddington (carriage D) – he talked about a broad range of subjects, from the neutrality of Wikipedia and internet censorship, to Sarah Palin and the Tea Party, to David Cameron and the "big society", to Julian Assange and WikiLeaks. He also offered a fascinating answer when I asked him whether he votes.

The interview will form part of a piece for a future issue of the New Statesman.

Jon Bernstein, former deputy editor of New Statesman, is a digital strategist and editor. He tweets @Jon_Bernstein. 

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In your 30s? You missed out on £26,000 and you're not even protesting

The 1980s kids seem resigned to their fate - for now. 

Imagine you’re in your thirties, and you’re renting in a shared house, on roughly the same pay you earned five years ago. Now imagine you have a friend, also in their thirties. This friend owns their own home, gets pay rises every year and has a more generous pension to beat. In fact, they are twice as rich as you. 

When you try to talk about how worried you are about your financial situation, the friend shrugs and says: “I was in that situation too.”

Un-friend, right? But this is, in fact, reality. A study from the Institute for Fiscal Studies found that Brits in their early thirties have a median wealth of £27,000. But ten years ago, a thirty something had £53,000. In other words, that unbearable friend is just someone exactly the same as you, who is now in their forties. 

Not only do Brits born in the early 1980s have half the wealth they would have had if they were born in the 1970s, but they are the first generation to be in this position since World War II.  According to the IFS study, each cohort has got progressively richer. But then, just as the 1980s kids were reaching adulthood, a couple of things happened at once.

House prices raced ahead of wages. Employers made pensions less generous. And, at the crucial point that the 1980s kids were finding their feet in the jobs market, the recession struck. The 1980s kids didn’t manage to buy homes in time to take advantage of low mortgage rates. Instead, they are stuck paying increasing amounts of rent. 

If the wealth distribution between someone in their 30s and someone in their 40s is stark, this is only the starting point in intergenerational inequality. The IFS expects pensioners’ incomes to race ahead of workers in the coming decade. 

So why, given this unprecedented reversal in fortunes, are Brits in their early thirties not marching in the streets? Why are they not burning tyres outside the Treasury while shouting: “Give us out £26k back?” 

The obvious fact that no one is going to be protesting their granny’s good fortune aside, it seems one reason for the 1980s kids’ resignation is they are still in denial. One thirty something wrote to The Staggers that the idea of being able to buy a house had become too abstract to worry about. Instead:

“You just try and get through this month and then worry about next month, which is probably self-defeating, but I think it's quite tough to get in the mindset that you're going to put something by so maybe in 10 years you can buy a shoebox a two-hour train ride from where you actually want to be.”

Another reflected that “people keep saying ‘something will turn up’”.

The Staggers turned to our resident thirty something, Yo Zushi, for his thoughts. He agreed with the IFS analysis that the recession mattered:

"We were spoiled by an artificially inflated balloon of cheap credit and growing up was something you did… later. Then the crash came in 2007-2008, and it became something we couldn’t afford to do. 

I would have got round to becoming comfortably off, I tell myself, had I been given another ten years of amoral capitalist boom to do so. Many of those who were born in the early 1970s drifted along, took a nap and woke up in possession of a house, all mod cons and a decent-paying job. But we slightly younger Gen X-ers followed in their slipstream and somehow fell off the edge. Oh well. "

Will the inertia of the1980s kids last? Perhaps – but Zushi sees in the support for Jeremy Corbyn, a swell of feeling at last. “Our lack of access to the life we were promised in our teens has woken many of us up to why things suck. That’s a good thing. 

“And now we have Corbyn to help sort it all out. That’s not meant sarcastically – I really think he’ll do it.”