My Brain Food This Week...

Oct 06, 2023

(Raoul Pal)

Key takeaways:

Robots and AI are emerging as the replacement for declining populations worldwide. This realisation suggests a significant shift in the future of humanity.
Global population growth is steadily decreasing due to factors like lower child mortality, increased longevity, and rising living costs. By 2100, population growth is projected to hit zero and start declining.
To address the economic challenges posed by declining populations, the world must turn to technology, particularly AI and robots, to boost productivity. However, this technological shift may also lead to increased unemployment and declining real wages, presenting complex challenges for society.