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I feel most people still don't realize that China is facing a demographic crisis. If their demographics matched the United States sure, but its unlikely china w
by jppope 2y ago
I feel most people still don't realize that China is facing a demographic crisis. If their demographics matched the United States sure, but its unlikely china will be leading many of these future technological situations. Don't take me the wrong way, they have a great opportunity in front of them but just the resources required to take care of their elderly is going to suck up a pretty hefty amount of resources.
- toomuchtodo 2y agoMore industrial robots are built and sold in China than anywhere else in the world. This is an intentional choice, the government knows their working age population is shrinking. They will race to automation before their demographic dividend is finished paying out. To note, the US has no robotics foundries, and already is experiencing labor shortages today. https://itif.org/publications/2024/03/11/how-innovative-is-china-in-the-robotics-industry/ https://itif.org/publications/2024/03/11/how-innovative-is-c...
- varelse 2y ago[dead]
- ben_w 2y agoChina is also authoritarian, has central planning, and deliberately had a one-child policy for a while to prevent the opposite problem. I'm not saying this would be a pleasant or fun experience for those involved, but I am saying I wouldn't bet against China even on demographics.
- Fricken 2y agoThe whole developed world is facing a demographic crisis. The US brith rate is expected to fall below replacement levels in 2033. https://apnews.com/article/population-projections-congressional-budget-office-946a81a89908c44bb6b7df1ad8b5d57c https://apnews.com/article/population-projections-congressio...