🧓 Top economies are getting older
Japan, South Korea and Italy are in trouble
Hello,
Your inbox is flooded with hundreds of emails that you don’t want to check. But there is a reason you have opened this one.
Want to help me make this newsletter better? Click this link to schedule a 20 min discovery call (There is also a $50 Thank You Gift Card for your troubles).
Lets’ dive into today’s post.
Chart
Made using Vizzlo
Globally, life expectancy has increased remarkably - up from 46.5 years in 1950 to 71.7 years in 2022 . In some richer countries like Japan, people expect to live up to 85 years.
However, declining birth rates are making these societies grow older. In Japan, births fell to a record low in 2023 (the eight straight year of decline).
This isn’t good news. And we see this is happening across all developed countries. The resulting demographic imbalance (as shown in the chart) can strain economies - overburdening healthcare, altering fiscal policies and putting those working under high pressure.
Technologies like AI may help - unlocking human productivity and creativity, enabling us to do more with less. However, the challenge is significant.
What do you think should happen? Can we sustain increasingly older societies?
Shape this Newsletter
I am currently doing Discovery calls with subscribers to understand their feedback / preferences regarding this newsletter.
If you would like to participate and play a leading role in shaping the content strategy, please schedule a 20 min Google Meet Call (video or audio) with me using this Calendly Link below
As a Thank You for your time, I will share a $50 Amazon Gift Card
Quiz
Here is today’s quiz. You can simply scroll to the bottom of the post to see the answer
Good Reads
An image, a 3-min video and an internet classic:
🤖 AI, AI everywhere. The market has exploded
▶️ Steve Jobs on the difference between a great idea and a great product
🌐 Use WayBack Machine to browse older version of websites (and to see which controversial pages were removed)
And the answer to today’s business quiz question is Yes (China removed the One Child Policy in 2016)
That’s all for this week. Thanks for reading! 👋