Mark Taylor, a expert on Generation NeXt (anyone born after 1981) has this to say about this group of people:
The post-1981 generation has the following traits, according to Taylor's research: Consumer orientation; a sense of classroom and workplace entitlement; an assumption that academic and conduct expectations are negotiable; a need for instant gratification; poor critical thinking, problem solving and long-term planning skills; and academic disengagement.
Nice.