World's top economies are getting older
Declining birth rates, along with increase in life expectancy are making societies in world's top economies grow older. In Japan, births fell to a record low in 2023 (the eighth straight year of decline)
This isn’t good news. And we see this is happening across all developed countries. The resulting demographic imbalance (as shown in the chart) can strain economies - overburdening healthcare, altering fiscal policies and putting those working under high pressure.
Technologies like AI may help - unlocking human productivity and creativity, enabling us to do more with less. However, the challenge is significant.
What do you think should happen? Can we sustain increasingly older societies?
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