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Feels like they're really overlooking technological progress's role in shaping long term population changes. Fertility rates tend to be lower in more developed
by dotnet00 4y ago
Feels like they're really overlooking technological progress's role in shaping long term population changes. Fertility rates tend to be lower in more developed nations due to higher cost of raising children and people being occupied by careers, but with 50 years worth of improvements in automation that can change significantly.
Similarly, while many countries are offsetting their aging populations with immigration, if that ceases to be sufficient they currently can still afford to create incentives for people to have children.
- lossolo 4y agoJust to complement your comment, robots will not only help with costs of raising children but will also replace a lot of working people so should offset declining population, which we need to do if we want to keep social contract in our current economical model based on growth.