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Look at the estimated population pyramids for Japan and South Korea. They're looking into absurdities like the active population having to support (as in work f
by sofixa 2y ago
Look at the estimated population pyramids for Japan and South Korea. They're looking into absurdities like the active population having to support (as in work for and pay for) 4 times as many retirees.
It is simply impossible for that to work without some amazing breakthroughs in robotics and AI that will enable outsourcing of healthcare and elderly care. And that's just the ensuring the retirees don't die in the streets, what about everyone and everything else? What happens to the South Korean industries as they are today when their labour pool shrinks a few orders of magnitude?