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3 comment(s). Last comment by MuttsInvestor 2021-05-11 16:02
Posted by stockraider > 2021-05-11 12:28 | Report Abuse
U need to understand...every advance nation has big ratio of ageing population mah!
This is bcos advance nation their people live longer due to better living standard, environment, healthcare, and nutrition mah!
China already an advance nation....so it has the same issue like the rest loh!
Posted by Stockraider > May 11, 2021 12:19 PM | Report Abuse
Yeah, China will age rapidly! Just look at Japan today! Can you imagine how Japan was a yuppie heaven in the 90s! Today, only after 30 years, Japan hardly see any new innovations despite having so many talents! Reason, the old generation refuse to give in into next generation! Same will happen to China!
Posted by MuttsInvestor > 2021-05-11 16:02 | Report Abuse
AI + Robotics + 5G = No need Humans for Manual work or Going to work in Factories.
Level4 Autonomous Driving ( NEO, HWAWEI, etc ) = No Need BUS or TRUCK drivers ( 24 / 7 working and does NOT tire/rest days/sick leave/errors/mood ) & MORE reliable than HUMANS .
5G + Robotics = Farming ( Drones ( Survey and Fertilizers ), Tractors = Plouging , Seed Planters = Planting , Weeding = HUMANS , Harvesting = Tractors ).
AI + Quantum computing + 6G ( Satellite Communication ) = ALL vehicles ( Level 5 Autonomous Driving ) Including Ships and Air crafts.
ALL these advances will MAKE HUMAN LABOUR redundant.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MuttsInvestor
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Posted by MuttsInvestor > 2021-05-11 12:28 | Report Abuse
CHINA knew of this "Issue" 10 years ago. And HAVE TAKE many STEPS to overcome issues related with AGING population. Know WHY CHINA is investing and Planning ( 5, 10 and 20 years PLANS ) into a) AI b) Robotics c) Quantum Compution and Communication d) Education Evolution e) SPACE f) EV ...... and many others ? In ALL the mentioned cases ................. CHINA is THE CURRENT LEADER of the WORLD. And CHINA is the ONLY country now who HAS FACE this ISSUE HEAD on and taken many steps. No other country has done so because there is NO LONG TERM( 5 to 25 years ) and CENTRALIZE PLANNING to address this ISSUE.