In 1950, China's population was 500 million people. They jumped to 1.45 in 70 years, essentially. Now, they're going through a reversal that could see the loss of 700 to 800 million people by the end of the century. We got really drunk on cheap labor, cheap goods during this period. That's coming to an end in China right now. It's been out of play in Russia for some time now.
Demographic futurist Bradley Schurman joins us to explore a future where over-65s outnumber under-18s — and the changes society will have to face.
What We Discuss with Bradley Schurman:
- In the not-too-distant future, a staggering shift looms over the developed world: at least 20 percent of national populations will surpass 65 years of age, outnumbering those 18 years of age and younger.
- Termed the Super Age by Bradley Schurman, this demographic transformation carries immense potential for growth or, conversely, risks leaving many behind.
- Take Russia, for instance, where this trend unfolds amidst geopolitical turmoil and a high military mortality rate — 25 times that of Chechnya and 35 times Afghanistan's monthly casualties.
- Failure to prepare for these impending changes would usher economic stagnation, increased isolation for vulnerable communities, and hastened decline of rural areas.
- Yet, there is reason for optimism. By proactively planning, we can unlock the advantages of the Super Age: prolonged and healthier lives, enhanced intergenerational collaboration in workplaces and households, and unexplored markets and innovations.
- And much more...
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