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It is concerning because society is a Ponzi scheme where the young pay for the care of the old. As long as the population is growing, it's a bearable burden on
by smt88 4y ago
It is concerning because society is a Ponzi scheme where the young pay for the care of the old.
As long as the population is growing, it's a bearable burden on the young. But if you aren't replacing retiring workers with new ones, you can't keep funding the same quality of life in your society that you have grown accustomed to.
I don't know why Elon cares a lot about it. It's possible that he fears high tax rates more than most people. It's also possible he's completely out of touch with immediate problems.
- pigtailgirl 4y ago-- you'd think this would reach some kind of equilibrium offset by automation/ai/robotics? - he himself said last week he should have his robot ready by september[1] - maybe it's part of a strategy to sell the robot thing -- https://interestingengineering.com/tesla-humanoid-robot-elon-musk https://interestingengineering.com/tesla-humanoid-robot-elon...
- smt88 4y agoIf robots could help with this problem, software already would have. Robots work for a specific company, not society as a whole. Like software, they concentrate private wealth in the small number of elite who own them and actually make the social/Ponzi problem worse.