Impact of Shrinking Populations on Economy
I could argue in the developed countries, the big
winners are countries that have shrinking populations.
Okay? That's something that most people never talked about.
You know, we always used to think shrinking
population is a, is a cause,
uh, for negative growth.
But in my conversations with the leadership of these
large countries
will rapidly develop robotics and tech-- and AI and technology.
And, and if the promise, I didn't say it's gonna happen, but
if the promise of all
that transforms productivity, which
m-most of us think it will, we'll be able to re--
elevate the standard of living of countries,
the standard of living of individuals,
even with shrinking populations.
And so the paradigm of negative population
growth is gonna be changing.
And the social problems that one will
have in substituting humans for machines is gonna
be far easier in those countries that have declining
popula-
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