If jobs are “lost” because robots are doing more work, why is it a problem that the population is aging and there are fewer in “working age”? Shouldn’t the two effects sort of cancel each other out?

Question

If jobs are “lost” because robots are doing more work, why is it a problem that the population is aging and there are fewer in “working age”? Shouldn’t the two effects sort of cancel each other out?

In: 13038

Answer 1

> the population is aging

This isn’t happening at all uniformly. In places like Japan and Europe, it’s a much more substantial effect than in Africa, where the population is growing in younger cohorts.