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The article is quite interesting, it sums up many numbers and projections I had read in several places. But there are 2 other interesting factors to an aging society that they did not mention: - what will the retirees (~60+ y/o) do with their time? Not a small issue, I'm not thinking about economical consequences but simply social consequences & people's well-being. For some people, their job means A LOT, and once they retire, they don't know what to do. My dad is an example: R&D engineer, worked a lot until he retired, nowadays he just roams around the house (a sad view). - what is going to be the impact of such a huge number of older people on the moral views & technical progress? As you know, many older people grow more & more conservative ("stuck in their ways") or even reactionary as they age. This creates a serious number of potential issues with social progress and probably technological as well. Older people are often "left behind" by new technologies & social changes. This was not a major problem when they were a small minority, but once they'll become a not so small minority, their voices will be heard much more. I wonder if this could not lead to some stagnation or at least a slowdown in some areas/subjects (things like gay marriage, acceptance of alternative sexualities, etc.), or -at worst- a throw-back in some areas (look how HARD sexual freedom -in the broadest sense- has been hit those last 10 to 15 years, will you expect conservative/reactionary people to hold liberal views on that?). |
Depends on the country. In countries that place importance on family (e.g. central/south america), I assume they will be content with helping their children raise their children (i.e. grandchildren).
In the US the decline of communal activities (including religion), culture of independence, and people associating their identity with their job seems like a recipe of disaster to me. A coexistence of entitlement and boredom creates an addictive poison. If you've ever worked in customer service before, you deal with these people every day.