The youth of America are full of ideas and energy. They don’t give a shit that their parents fucked everything up — they are going to steam roll over the old order and replace it with one of their own. They understand that future is not about the past. They know that they are a business of one, that no company or government is ever going to offer them economic security. They are their own team, brand and idea factory.
Then you go look at the actual list of startups he's talking about. One of them is a charity. The rest are all entertainment and marketing. Not a single one actually produces anything useful.
(I thought the last might, as it poses itself as a communication solution for third world cell phone users who have run out of minutes... but it turns out that it's just a way to replace "call my friend and hang up to let him know I want him to call me back on his minutes" with an explicit message... that can be monetized with advertisement.)
This is your innovation. This is your revolution. The energy of the youth has been thoroughly co-opted into helping the status quo advertise itself better.
We're fucking doomed.