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Down_The_Rabbithole t1_iu03c64 wrote

Reply to comment by RavenWolf1 in The Great People Shortage is coming — and it's going to cause global economic chaos | Researchers predict that the world's population will decline in the next 40 years due to declining birth rates — and it will cause a massive shortage of workers. by Shelfrock77

The labor shortage is NOW in 2022. Automation isn't here yet to fill up the empty job openings yet.

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RavenWolf1 t1_iu063zj wrote

If only they paid living wages then that labor shortage would disappear like magic.

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Down_The_Rabbithole t1_iu07pw6 wrote

There are more job openings in the world than workers to fulfill those roles, so no. That's not the case. Even if the job would provide everything somebody would want there would still simply be too few people to fulfill those roles.

The true solution is to automate away those jobs but we don't have the technology yet and having children takes ~18 years before they can enter the workforce.

So we're going to experience a crisis of labor shortage one way or the other. There's no real solution going forward just a notice that things are about to get worse.

Unless you're working class/lower middle class. Then things are going to be great as employees have to compete for your labor which will result in higher compensation and working conditions.

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PIPPIPPIPPIPPIP555 t1_iu0mtl0 wrote

We do not have to produce soo many things if there is less people so a lot of jobs will dissapear if the population is becoming smaller

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Down_The_Rabbithole t1_iu0pczy wrote

Not how it works. There is an explosion in job applications right now because of the transition to a digital economy. Digital goods are already unlimited, meaning if there are fewer consumers it doesn't mean a (programmer/artist) just has to produce less. The worker needs to produce the same amount, the end product just gets distributed to fewer people digitally at the end, which doesn't impact it as much.

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PIPPIPPIPPIPPIP555 t1_iu0vjdd wrote

Yes so fewer people will pay for the digital product and it will not be profitiable to compete if the costumers can not pay for the digital products and services

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billcube t1_iuh94a1 wrote

What if... In the movie "Sleep Dealer", some tasks in "first world" countries were conducted by residents of second/third-world countries, remotely. What if we could engineer process that would make those jobs available to robots/remote humans?

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