The Changing Narrative on Automation and Demographic Change

The perception of automation has shifted in the past five years. Originally seen as a threat to jobs, it is now recognized as necessary due to declining birth rates and the need for tasks to be completed. This shift in thinking was influenced by the realization of demographic changes, particularly in countries like Japan, the United States, and Canada. These countries have experienced a drop in birth rates since the 60s, which shows no sign of reversal. In fact, some countries like China and South Korea are projected to have half their current populations within a generation.