in the long run the fortunes of nations are determined by population trends. Japan is not only the world's fastest-aging major economy (already every fourth person is older than 65, and by 2050 that share will be nearly 40 percent), its population is also declining. Today's 127 million will shrink to 97 million by 2050, and forecasts show shortages of the young labor force needed in construction and health care. Who will maintain Japan's extensive and admirably efficient transportation infrastructures? Who will take care of millions of old people? By 2050 people above the age of 80 will outnumber the children.
Who will take care of millions of old people? Robots!
(Score: 3, Interesting) by shortscreen on Thursday August 27 2015, @06:03PM
The people complaining about longevity and lack of population growth must have bought into the fantasies of infinite economic growth and infinite returns for investors. Perhaps now they will move to an African or Middle Eastern country where the average age is 16 and people are constantly dying off from disease and violence.
(Score: 0) by Anonymous Coward on Thursday August 27 2015, @11:22PM
Yea it would be nice to have a society achieve a steady state but maintain a high quality. Seems everything in society has to perpetually "grow" for it to "work".