I hope so too. One of the key problems you have is taking care of the elderly and infirm with less and less of the younger generation around. It’s a hard one to solve economically without being like “I guess just let them die”.
As the size of the working population declines, labor will reallocate itself from less necessary positions to more necessary ones. So the proportion of the population that would have worked at McDonalds, for example, would work in nursing homes instead.
I hope so too. One of the key problems you have is taking care of the elderly and infirm with less and less of the younger generation around. It’s a hard one to solve economically without being like “I guess just let them die”.
As the size of the working population declines, labor will reallocate itself from less necessary positions to more necessary ones. So the proportion of the population that would have worked at McDonalds, for example, would work in nursing homes instead.