Daily Signals are back (along with my internet, which was down for 2 weeks, reminding me that life is much more than the online experience).
Today we're looking at the correlation of population age with innovation and entrepreneurship (it's negative, for every 3.5 years of average age, a population loses 2.5% of its entrepreneurs) - and what this means for the future of economic growth and productivity (all the "real" bits of which are linked to technological progress).
Questions that arise logically here include - can we replace human innovation with AI advances?
And if we do, what happens when Human Resources become redundant in terms of “national productivity” and “GPD growth targets” and human beings (in the eyes of All Seeing States) become liabilities rather than assets to national wealth?
Scary thoughts - much to ponder.
Let me know your thoughts.
Read more:
Ages of entrepreneurship : https://www.economist.com/briefing/2023/05/30/its-not-just-a-fiscal-fiasco-greying-economies-also-innovate-less
Assets or liabilities? https://whatthefuturenow.com/2023/01/16/assets-to-liabilities/
Age and innovation