Japan's population crisis

[PeanutButter]

Time for degrowth. 

[dances with sheeple]

On 14/09/2022 at 12:25, fellow said:

Birth rates have been falling for years across Asia and most western economies and we are now reaching the point where populations start to decline, particularly in Japan and China. This is good news for the planet but means there is going to be a lot of pain to come as dwindling workforces try to support growing retired populations. This could be the beginning of the end of global economic growth.

What do you invest in at that point? Apart from big nappies.

[Riedquat]

1 hour ago, dances with sheeple said:

What do you invest in at that point? Apart from big nappies.

Things people have always needed and will continue to need. Having to keep rushing ahead just to stay still isn't sustainable (or sensible).

[Maghull Mike]

https://twitter.com/financialjuice/status/1570246543738900482

[fellow]

1 hour ago, dances with sheeple said:

What do you invest in at that point? Apart from big nappies.

Robotics, automation & AI are going to be increasingly utilised to replace the shortage of workers and increase productivity. It's already starting with self service checkouts, online banking / shopping, self driving vehicles etc.

Edited September 15, 2022 by fellow

[Riedquat]

5 minutes ago, fellow said:

Robotics, automation & AI are going to be increasingly utilised to replace the shortage of workers and increase productivity. It's already starting with self service checkouts, online banking / shopping, self driving vehicles etc.

And it's all very silly and pointless.

[fellow]

1 hour ago, dances with sheeple said:

What do you invest in at that point? Apart from big nappies.

There are also all the developing economies which need a lot of growing to reach our standard of living,, many of which also have rapidly growing populations, e.g. most African nations.

[dances with sheeple]

17 hours ago, fellow said:

Robotics, automation & AI are going to be increasingly utilised to replace the shortage of workers and increase productivity. It's already starting with self service checkouts, online banking / shopping, self driving vehicles etc.

Self service checkouts have been here for years, I have had internet only banking for over 20 years, and online shopping has been here since the 1990`s when people started going online at home? Self driving cars are new but it will only take a couple of scary accidents to set them back decades.

[dances with sheeple]

17 hours ago, fellow said:

There are also all the developing economies which need a lot of growing to reach our standard of living,, many of which also have rapidly growing populations, e.g. most African nations.

We have been hearing that for decades, many of them are not going to ever reach it because the climate is kicking back on the industrialisation needed to maintain that lifestyle, and many younger people are rejecting the treadmill lifestyle the bankers tell us is required to "better yourself".

[Confusion of VIs]

17 hours ago, Riedquat said:

And it's all very silly and pointless.

Not to the people making money out of it.

Autonomous Vehicle Market Size, Share, Trends, Report 2022-2030 (precedenceresearch.com)

5 minutes ago, dances with sheeple said:

Self service checkouts have been here for years, I have had internet only banking for over 20 years, and online shopping has been here since the 1990`s when people started going online at home? Self driving cars are new but it will only take a couple of scary accidents to set them back decades.

They have already had scary accidents; most people are bright enough to realise to look at the overall accident rate.        

[bearishonhouses]

7 hours ago, dances with sheeple said:

Self service checkouts have been here for years, I have had internet only banking for over 20 years, and online shopping has been here since the 1990`s when people started going online at home? Self driving cars are new but it will only take a couple of scary accidents to set them back decades.

I can foresee self driving vehicles on motorways and the like being far safer than human driven cars and trucks. Even more so in countries with long, boring roads - e.g. France, Germany, USA. The reduction in driver fatigue induced accidents would be significant. And especially if/when most or all other vehicles they encounter are, like themselves, fitted with some kind of transponder so that all vehicles in vicinity of one another can communicate their intentions, and revise their plans to act in accordance with others. 

However, I cannot see that many societies are prepared to pay the necessary cost in terms of loss of freedom to move by oneself that would be necessary to allow self driving vehicles to utilize roads populated with pedestrians, bikes, etc. 

[frederico]

If the robots are going to make everything,  are the robots also going to buy everything and if so what is the point? 

 

[Bob8]

19 hours ago, Confusion of VIs said:

Not to the people making money out of it.

Autonomous Vehicle Market Size, Share, Trends, Report 2022-2030 (precedenceresearch.com)

They have already had scary accidents; most people are bright enough to realise to look at the overall accident rate.        

Yes, the idea that 17 years olds and 85 year olds are generally safer tha autonomous vehicles is risible.