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"China’s demography is a disaster. About 2015, the seemingly boundless labor pool will begin to shrink. One reason is rapid aging, which presages that China wil
by alexeisadeski3 12y ago
"China’s demography is a disaster. About 2015, the seemingly boundless labor pool will begin to shrink. One reason is rapid aging, which presages that China will become old before it becomes rich. By 2050, China will have lost one-third of its working-age population. Meanwhile, the U.S. will bestride the earth as the youngest industrialized nation after India."
- oblio 12y agoThe main question is: can China's population become specialize faster than it ages? My intuition says it will, and even if the "boundless labor pool" is drained, it will still have ~20% of the world's work force. By then probably higher skilled than now.
- astrodust 12y agoIt's 2014. China could produce a lot of young talent between now and then if it changed policies to pursue that goal.
- VLM 12y agoIf they can feed them, yes.
- guard-of-terra 12y agoIt's very hard to affect demographics to produce more babies after demographic transition is complete. Or are you talking about investing in education?
- pacofvf 12y agono it can't, not enough women :( https://www.wolframalpha.com/share/clip?f=d41d8cd98f00b204e9800998ecf8427ehiqn77qgv9 https://www.wolframalpha.com/share/clip?f=d41d8cd98f00b204e9...
- jqm 12y agoMaybe this will help spur the robotic revolution? Who cares how many young people there are as long as the work is getting done?