Ever worried about what happens as the world's population gets older and birth rates drop? 😰 Well, Sir Christopher A. Pissarides, a Nobel Prize-winning economist from LSE, has some ideas that might just put a smile on your face! 😄
In a recent interview, Pissarides highlighted that countries everywhere are facing big demographic changes—think aging populations and fewer babies being born. But don't panic! He believes that automation and AI are the superheroes 🦸♂️ we need to reshape the workforce and tackle these challenges.
So, how do we create jobs in this new world? According to Pissarides, it's all about boosting the market economy and developing the services sector. 🚀 He emphasizes breaking down market barriers to make it easier for trade and businesses to thrive. This means more opportunities for everyone, especially in services where there's tons of potential! 💼
His message is clear: embrace technology, remove obstacles, and let's build a future where jobs are plentiful, and economies are booming—even as demographics shift. Sounds like a plan, right? 🙌
Reference(s):
cgtn.com
