This is yet another ugly chart for China's demographic future

[AndrewJin]

I just don't understand why China is bent on letting go its biggest strength: It's people.

Now, demographic bonus of third word countries is quickly becoming demographic disaster.
You are seeing it now around you, unskilled young people have not jobs at hand and just wander around on the street with animals. Graduates of fluent English (though with accents) are competing for jobs at government offices, like serving tea and printing documents. Disaster is coming!

 

[4GTejasBVR]

China can easily over come this problem in 2 decades till then it's hard roads ahead

 

[AndrewJin]

Indian Confucius said:

"Properly cook your own curry before discrediting your neighbours rice"

He then threw his hands in disgust when no one listened to him.

You have a profound insight of that sort of mentality!

I'm not gonna say there are no problems here.
From discussion of changing retirement policies and reconstruction of social security policies, to new round of economic reforms and taking proactive part in the ongoing technological revolution, we have a lot of things to do and should do it quicker. It's up to them if they prefer to laugh at others when they themselves live in a dismal parallel world and feel blindly happy about the populist hype.

 

[Bussard Ramjet]

Now, demographic bonus of third word countries is quickly becoming demographic disaster.
You are seeing it now around you, unskilled young people have not jobs at hand and just wander around on the street with animals. Graduates of fluent English (though with accents) are competing for jobs at government offices, like serving tea and printing documents. Disaster is coming!

We'll know in 2050 for sure if your disregard for humans will be of saving grace.

The Japanese have already made a wrong bet. They too faced exactly a situation like you in 80s, and they too kept beating the drums of automation, and technology; and now they consider it to be one of their biggest faults ever!

You may not admit it, but you are going on the path of Japanese, and ominously much sooner in your development cycle than the Japanese did.

As for jobs, there will always be people who won't be able to find jobs regardless of the size of economy. It is the right skill that gets a person a job. Right now China requires a lot of talent in many fields, like tech. It needs people with expertise in memory, with people who can handle robots etc.

At the end of the day, humans are also a machine, a machine which has come as a result of millions of years of evolution, and we are pretty good at adapting. Right now machines are not even close to us in terms of the flexibility of jobs that we can do, the cognitive ability etc.

 

[AndrewJin]

We'll know in 2050 for sure if your disregard for humans will be of saving grace.

The Japanese have already made a wrong bet. They too faced exactly a situation like you in 80s, and they too kept beating the drums of automation, and technology; and now they consider it to be one of their biggest faults ever!

You may not admit it, but you are going on the path of Japanese, and ominously much sooner in your development cycle than the Japanese did.

As for jobs, there will always be people who won't be able to find jobs regardless of the size of economy. It is the right skill that gets a person a job. Right now China requires a lot of talent in many fields, like tech. It needs people with expertise in memory, with people who can handle robots etc.

At the end of the day, humans are also a machine, a machine which has come as a result of millions of years of evolution, and we are pretty good at adapting. Right now machines are not even close to us in terms of the flexibility of jobs that we can do, the cognitive ability etc.

lol, you are really living in India for too long, go to the world and have a look!
(first u need a passport. No money? find a job in call centres)

 

[Bussard Ramjet]

lol, you are really living in India for too long, go to the world and have a look!
(first u need a passport. No money? find a job in call centres)

Perhaps logical replies to my statement given above would have done some good? Instead of ad-hominem attacks on me personally?

Also, you do realize that while India's GDP is a fifth of China's, the spread of people is actually on a curve, which means a lot of people in India would be more wealthy, more literate, and more logical than Chinese? I

 

[ngchauhdry]

This is what happens when you play with nature.

 

[AndrewJin]

Perhaps logical replies to my statement given above would have done some good? Instead of ad-hominem attacks on me personally?

Also, you do realize that while India's GDP is a fifth of China's, the spread of people is actually on a curve, which means a lot of people in India would be more wealthy, more literate, and more logical than Chinese? I

Did I insult you?
I just give u piece of advice, have a sense of what's happening outside most third world countries.
Pls show me the data on wealth, literacy, logical and IQ.

 

[cirr]

I just don't understand why China is bent on letting go its biggest strength: It's people.

We see a future with factories, offices and homes operated, run and served by robots.

We'd like our friendly neighbour to have the honour of being the country with the highest population.

There are things that we Chinese understand but you Indians don't.

So pls leave us to our ways.

Thanks.

 

[Bussard Ramjet]

We see a future with factories, offices and homes operated, run and served by robots.

We'd like our friendly neighbour to have the honour of being the country with the highest population.

There are things that we Chinese understand but you Indians don't.

So pls leave us to our ways.

Thanks.

I would say that goes without saying, isn't it. Good luck for your future, or at least the one that you will actually get. Japanese made a bet in 80s, they lost. You are also making a bet, we'll mostly know by 2030-35 on how that turns out.

There are things that we Chinese understand but you Indians don't.

Also, perhaps you would want to expound on this?

 

[Bussard Ramjet]

We see a future with factories, offices and homes operated, run and served by robots.

We'd like our friendly neighbour to have the honour of being the country with the highest population.

There are things that we Chinese understand but you Indians don't.

So pls leave us to our ways.

Thanks.

Also, just to mention, the population ultimately determines the consumption levels of an economy, and hence the economy itself. In the long run, every human is capable of equal output with the current best technology.

 

[OrionHunter]

Prepare to retire late.

Better still, automate everything! Get a robot housekeeper too!

 

[Bussard Ramjet]

https://www.weforum.org/agenda/2016...al&utm_source=twitter.com&utm_campaign=buffer

I would say that if population projections for both India and China hold, then India will be able to substantially narrow the gross GDP difference between itself and China, it may as well end it altogether.

 

[Jlaw]

Now, demographic bonus of third word countries is quickly becoming demographic disaster.
You are seeing it now around you, unskilled young people have not jobs at hand and just wander around on the street with animals. Graduates of fluent English (though with accents) are competing for jobs at government offices, like serving tea and printing documents. Disaster is coming!

Very true.

PLus, a lot of Indian grads are not employable due to vast corruption in education system and cheating by students.

 

[nang2]

https://www.weforum.org/agenda/2016...al&utm_source=twitter.com&utm_campaign=buffer

I would say that if population projections for both India and China hold, then India will be able to substantially narrow the gross GDP difference between itself and China, it may as well end it altogether.

Just look at the human history. There is no country that can maintain higher productivity forever. That is a fact but a fact that cannot be used for prediction since future is unpredictable.