Forbes.com has an interesting article by Gartner principle analyst Adam Sarner, in which he explores a concept that he has dubbed "Generation V." The V stands for Virtual, but has little to do with Second Life (although Second Life isn't excluded by any means.) Instead, Sarner is writing about a segment of the population that is empowered by the democratization of technology and new means of communication. And by "generation," Sarner isn't writing about a range of birth years either.
Here's how Sarner defines Generation V:
"Unlike previous generations, Generation V is not defined by age, gender, social demographic or geography, but is based on demonstrated achievement, accomplishments (merit) and an increasing preference toward the use of digital media channels to discover information, build knowledge and share insights."