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?
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It’s a problem for countries with social security. For social security to work for every person collecting a check at least one other person has to work to supply the government with money to pay that check. The mass amounts of boomers retiring in America right now is ruining social security as the government can’t support them with the current amount of workers.
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