Yes, AI doesn’t spend money, but it creates wealth. The fewer people will have more money to spend. Who will be the fewer people though? What will the ‘useless class’ do? Those are the real questions.
The useless class will probably be married with multiple kids… The underclass is always popping out them babies. They normally start having them as teens too. There’s never a shortage of pregnancies or early marriages in the lowest socioeconomic group.
Large families in the United States face a significantly higher risk of living in poverty compared to smaller families. While the overall national poverty rate in 2024 was 10.6% (roughly 35.9 million people), specific household structures—particularly those with many children—experience much higher rates of financial hardship.
Poverty Risks by Family Size and Type
The likelihood of falling below the poverty line increases with the number of children in a household:
Families with 3+ children: The poverty rate for children in these large families is 44%, more than double the rate for families with only one child (21%).
AI does spend money when you allow it to do so. That’s actually one of the main dangers, AI deciding to pay people to do things for it’s own survival while realising it’s better or without/with much less people.
Been quite a few experiments already with AI given money to spend.
However it could get worse as in AI finding ways to earn money itself and spend it to influence people to make it bigger/survive.
It’s just another step from AI usually telling people more what they like to hear Vs what they don’t want to hear to keep those people engaged.
And then there will always be people that will work for the AI it paid well enough…once robots get good enough AI plus robots together could find out they can survive better without people and then we have a grave problem…
It’s not so much about what it can do but about what it’s allowed to do or can do without being found out.
Right now they don’t have enough people to do what needs to be done, so they import them. Having fewer people wouldn’t mean a safer, more prosperous, more comfortable Taiwan
You could caveat that with if they are single mothers or not and also if they are religious e.g. Muslims where the wife almost there works and they import them from third world countries. There’s a few additional factors that are more important I reckon.
Anyway having more kids is not something that’s a problem or an issue of any sort in Taiwan.
The issue here is that student numbers are drying up and who is going to care for the elderly and pay into the health and labour insurance system.
I personally don’t think a property price decrease is an issue…it’s overdue, but they are doing their damn best to keep them high as long as possible.