The number of newborns in Japan fell below 700,000 for the first time since records began in 1899. The government data released Wednesday showed a 16th straight year of decline and it's faster than had been expected.
Low birth rates are only a crisis for the capitalists (and actually not even that, see below). They increase wages and improve living standards for the population.
We’re gonna hit an unemployment crisis in 10-15 years, partially due to AI replacing white-collar workers. If we have a lot of unemployed people, capitalists are gonna complain about how much unemployment money costs. It’s actually better to have lower birthrates for capitalists as well, they only didn’t realize it yet.
Also, it increases wages because wages are determined through supply and demand of human labor. If there’s less supply, prices for labor (wages) are higher.
Really depends on the society. South Korea, for example, is definitely genuinely threatened by its way too sharp decline - including culturally. Otherwise I agree that negative effects are generally overexaggerated and that the future will inevitably demand less human labour.
Low birth rates are only a crisis for the capitalists (and actually not even that, see below). They increase wages and improve living standards for the population.
We’re gonna hit an unemployment crisis in 10-15 years, partially due to AI replacing white-collar workers. If we have a lot of unemployed people, capitalists are gonna complain about how much unemployment money costs. It’s actually better to have lower birthrates for capitalists as well, they only didn’t realize it yet.
Also, it increases wages because wages are determined through supply and demand of human labor. If there’s less supply, prices for labor (wages) are higher.
Really depends on the society. South Korea, for example, is definitely genuinely threatened by its way too sharp decline - including culturally. Otherwise I agree that negative effects are generally overexaggerated and that the future will inevitably demand less human labour.