There is no form of civilization that works with an imploding population and inverted demographic pyramid. Not even hunter gatherers could function like that
There is no form of civilization that works with an imploding population and inverted demographic pyramid. Not even hunter gatherers could function like that
Those in power should be building for a changing world where labor has more power, the cost of labor goes up, and it becomes increasingly scarce. They’re not ready to make peace with this though (or unwilling to between now and death). One of the few things we do well as a species is kick the can into the future, or steal from it, depending on perspective.
That doesn't mean humanity going down to (random number) 1B people via gradual birthrate declines is automatically (nor rapidly) going to lead to that, if we have enough automation to handle it, and if we have a plan to stop the process at some point.
Automation would need some breakthrough as profound as life itself to be useful without the millions of people behind the scenes making automation possible.
In other words, there is a point, quite likely less dramatic than 2:1 where "allowing" people to be unemployed becomes economically absurd.
This is a low-ball guess, it assumes it'll stay the same price, with not even inflation and just price stability requires a LOT more children than we have, and a LOT more immigration than we have. In fact, you can easily calculate it requires a lot more immigration than is available. Birth rates are dropping everywhere. Immigration into Europe and US will dry up over the next 10 years or so. Plus the metaphorical "You" also don't want neither children nor immigration.
Second: it means paying for effective robotics research (a lot more than is happening atm) NOW. I can only observe funding is going down through deliberate government policy (seriously, the US military is effectively sponsoring robotics research more than our own government, through hand-me-downs). Other critical elder-age (and younger age) needs are also being defunded, like medical care. Both the care itself and educating new doctors, nurses, lab technicians, ... So medical care is reducing in quality, and can't stop reducing further at this point for at least 4-5 years, with no change in sight.
This will also make elder care more expensive. Unless you enjoy suffering for months when you simply hit your foot at 60 years or older.
Of course, all your current actions effectively mean private companies will solve these issues, and raise the price of robotic care significantly. "You" COULD pay a little now, and have this covered, but even paying for maintaining the currently insufficient level of medical care is too much to ask (and my Northwest-European country is far from the worst, in fact it's one of the best. But waiting lists have doubled in 3 years, and are at this point 100% certain to increase again next year. Still better than UK I guess)
> My McDonalds order is already taken by a robot. Perhaps a significant part of my aged care will be as well.
No. It can't. Not if "You" act like this now.
You'll be paying a lot to private robotics companies instead. Not rich? Tough. Plus, without kids, I hope you enjoy loneliness.
Robotics is an investment into the future, not a word that means everything's free. If it's "You" investing, you'll profit of it. But "you" won't do that. Even a basic investment to maintain medical care that "you" WILL need is too much to ask. Robotics and AI (and medical care) are therefore becoming a race to the bottom where the name of the game is to outcompete humans for jobs, lower quality for lower price. In THAT game, what happens to outcompeted humans? They lose. But it's the game "you" want to play: it's the cheapest one right now.
Edit: If you want to have kids in this macro, good luck, you’re on your own (based on the evidence). And it’s only going to keep getting more expensive to exist in our lifetimes (shrinking labor supply, climate change, sovereign debt, etc).
So you're saying "don't have kids because things are getting so expensive", while the reason they're getting expensive is because people aren't having enough kids....
Labor was cheap because of a population boom with a root cause of women not empowered. Now empowered, they are having less children (family planning, not having unwanted or unaffordable children). Suboptimal economic systems can change, and they should.
Can you say with a straight face, “Have more kids and be beholden to 1-2 decades of minimally compensated childrearing labor and potentially hundreds of thousands of dollars in costs so the economy might get better and things might be cheap again?” I cannot.
The only way to not get screwed is to switch back to the standard non-Western care model: grandparents take on much of the burden of caring for children, and children take care of parents.
I am increasingly tired of arguments for the elites to do something for the betterment of society. They have repeatedly shown that they don't care.
No form of civilization has ever had the access to automation we have today.
And in another 20 years, I suspect that'll be even more clear.
You can't just think about raw numbers, you have to think about demography.
I'm not talking about self-service kiosks, I'm talking about "talk directly to the machine" sort of things they're already testing out.