Hacker News new | ask | show | jobs
by sangnoir 3534 days ago
> What you're describing is a pyramid scheme. Get more and more new people in to pay for those already there

That's how retirement works in most countries. The tax burden mostly falls on the "productive age" (18-65), so until automation pays as much taxes as the humans it replaces (corporate tax dodging considered), retirees in countries with shrinking populations are screwed.