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(i) it's a very interesting point that you put forth. Yes, robots will compensate for the _working population_ ; However, I think the OP wants to direct the att
by hackeryogi 7y ago
(i) it's a very interesting point that you put forth. Yes, robots will compensate for the _working population_ ; However, I think the OP wants to direct the attention towards the economic impact of a changing demographic. Robots won't earn and [ borrow and ] spend. Consumption, Consumerism and the access to Capital is the reason world GDP has multiplied manifold in the last century and why it continues to grow. A shift in demographic has a massive impact on that.
- deogeo 7y ago> Consumption, Consumerism and the access to Capital is the reason world GDP has multiplied I'm sure improvements in technology and production played some part...