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2min chapter
Capitalism Doesn't Need Consumers Anymore
Economics Explained
The Impact of Automation on Birth Rates and Immigration in Advanced Economies
This chapter explores the potential consequences of advanced economies relying on automation and capital-intensive industries, including the reduction of birth rates due to economic disadvantages and the use of machines in place of human labor. It also discusses the challenges faced by developing and undeveloped countries in adopting this technology.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode