The global population decline is in motion. And that could hamper the world’s entire economic model, leading to a dramatic crippling of our global economy, says Sebastian Dettmers, CEO of StepStone and the author of a book on the future of the world’s population.
Source: A Global Population Shortage Is Coming, Will Cause Economic Chaos
And:
“People are healthier, richer, better educated, living longer, and having fewer children,” Dettmers says. “But this decrease in humanity is not a reason to cheer, but rather a looming disaster for our economy. The great labor shortage caused by the declining population will cripple our global economy unless we find innovative ways to keep things running.”
And we will – business process innovation and efficiency improvements, and automation. Automation is already capable of doing more than most realize it can do. Some steps are already inexpensive and others will see lower costs in the future. This is the path forward.
