But the problem means we will have population decline and massive productivity hole to fill and so far there might be some emerging tech like optimus or boston dynamics to help but none of that's proven and hope and dreams is not what you ever plan against.
The real crisis here is that retirement is a pyramid scheme(especially government based ones) and retirees have not amassed the capital to remain retired for their expected life spans. That's inflation remaining stable.
It's completely unrealistic to expect the working class to subsidize this. The pyramid scheme of retirement ratio will certainly break. The elderly will compete for dwindled labour that climbs; the cost of retirement will rise, wiping out their savings quicker.
The minimum age of labour is say 16, depends where you are, and these fewer babies also means this crisis draws out for the next 16 or more years. Most likely more.
No the current plan of mass immigration to fix productivity hole is not an option. Ai and robots are going to get here eventually, but when???? I need my robot butler already!
Gotta do something... the sooner the cheaper it is.
incomingpain•1d ago
But the problem means we will have population decline and massive productivity hole to fill and so far there might be some emerging tech like optimus or boston dynamics to help but none of that's proven and hope and dreams is not what you ever plan against.
The real crisis here is that retirement is a pyramid scheme(especially government based ones) and retirees have not amassed the capital to remain retired for their expected life spans. That's inflation remaining stable.
It's completely unrealistic to expect the working class to subsidize this. The pyramid scheme of retirement ratio will certainly break. The elderly will compete for dwindled labour that climbs; the cost of retirement will rise, wiping out their savings quicker.
The minimum age of labour is say 16, depends where you are, and these fewer babies also means this crisis draws out for the next 16 or more years. Most likely more.
No the current plan of mass immigration to fix productivity hole is not an option. Ai and robots are going to get here eventually, but when???? I need my robot butler already!
Gotta do something... the sooner the cheaper it is.