Source: Fortune
Summary
Trip.com cofounder James Liang warns that aging economies will stall in innovation without more children. He advocates for pro-family policies to reverse demographic decline, citing the need for more people to drive innovation. Liang’s views on demographics and innovation are not universally accepted, and some economists argue that lower birth rates can lead to higher growth in GDP per working-age adult. Liang also worries about the impact of AI on young people’s willingness to start families and the potential for humans to yield control to AI.
Our Reading
The announcement sounds familiar.
Trip.com’s James Liang is sounding the alarm on demographic decline, warning that it will stall innovation. He’s not alone in this concern, but his solution – pro-family policies – is not universally accepted. Some economists argue that lower birth rates can actually lead to higher growth in GDP per working-age adult. Liang’s views on AI are also noteworthy, as he worries about its potential to squeeze young people out of entry-level jobs and delegate decision-making to machines.
What’s left for humanity to do?
Author: Evan Null
