This is delusional. We're extremely far away from automating the entirety of society.
As people have less kids, age out of the workforce, and live longer, who's going to pick the crops? People far away in 3rd world nations? Who's going to be working the jobs to pay them? Do we expect the small amount of working-age people to support themselves + their kids + retired parents + grandparents? Who's going to be the nurses and the firefighters?
Japan and Germany both have aging populaces and low birth rates. Germany is taking the immigration route, and Japan is taking the automation route (as it's much more xenophobic). From a macroeconomic perspective, Germany's strategy seems to be winning.
And I don't know about you, but when I'm old, I'll take a human nurse over a robot nurse any day of the week.
As people have less kids, age out of the workforce, and live longer, who's going to pick the crops? People far away in 3rd world nations? Who's going to be working the jobs to pay them? Do we expect the small amount of working-age people to support themselves + their kids + retired parents + grandparents? Who's going to be the nurses and the firefighters?
Japan and Germany both have aging populaces and low birth rates. Germany is taking the immigration route, and Japan is taking the automation route (as it's much more xenophobic). From a macroeconomic perspective, Germany's strategy seems to be winning.
And I don't know about you, but when I'm old, I'll take a human nurse over a robot nurse any day of the week.