beijingwalker
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The robots replacing humans in China’s service industry
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Plus older population have saved so much money they can afford care needs if required.This is why China's population decline won't be such a big deal. Low skilled jobs will become increasingly automated. For workforces of the future, quality matters more then quantity.
This is why China's population decline won't be such a big deal. Low skilled jobs will become increasingly automated. For workforces of the future, quality matters more then quantity.
China is the last country to get benefits from the demographic advantage before automation era begun.
India will limp along as is, conditions will not get better it will remain a 3rd world country. The prime objective should be lifting 100s of million out of poverty and no one provides a better road map then China.I wonder what India will do with that wonderful population divident with diplomas from useless diploma factories, loitering in the streets and, once radicalized by the regime, leisurely lynching domestic enemies?
Not just India. Advanced automation will cause socioeconomic disruption in all countries.I wonder what India will do with that wonderful population divident with diplomas from useless diploma factories, loitering in the streets and, once radicalized by the regime, leisurely lynching domestic enemies?
Less reliant on cheap foreign labour import. Improve local society order but bad for labour export intensive countries like India.Not just India. Advanced automation will cause socioeconomic disruption in all countries.