The world has passed “peak child”
The number of children in the world has stopped growing. This moment in time was given the term “peak child” by the late Hans Rosling.
Since our economy depends on growth of population this is gonna be very interesting.
I don’t want to be one of “those guys” but if we ever do progress AI to the point of AGI we will be able to take care of an aging population without infinite population growth.
(Whether or not the oligarchs who control that AGI will decide to help people instead of hoarding that power is a different problem.)
Great! We have plenty of productivity to go around, and too many humans!
Now we need a government to make it worthwhile
Whats the point of this? One third of the population that now regularly lives to over 75 is under 25??? SHOCKER!!! EDITED - and it just gets stupider the more I look at it. The actual data is record highs and the losses are all projections. max eye roll.
Not very well articulated but your comment does point to an issue with this article. Peak anything is very difficult to verify until it’s long past. Is this the start of a reversal or just a small downward blip in continued growth? There’s no way to know for sure.
Did you really believe that any news with we are at the peak is not a prediction?
We do know the number of future parents for the next two decades pretty well, as most of them have been born already. So the only variable is how many children does the average women have. That has been falling every single year for the last 60 years with only a single year seeing a small increase. So this projection is most likely pretty good.
As for why it matters. It means the global workforce will stop its fast growth rate in two decades, increasing competition for workers. It means many countries are aging with all the consequences that brings. It means economic growth is not pushed as much by population growth as has seen before. Clearly there are other factors, but demographics matters a lot.
Hallelujah.