It is disturbing that people take for granted that this is an economic problem. This thread is full of people lamenting the fact that we could support X times as many people as we do now if we all just sacrifice Y. When I look around the world today, I think the biggest resource that is lacking is economic opportunity. Huge swathes of people are desperate, angry, and depressed, I think because there is no opportunity…
Except in terms of pure economics, labor won’t necessarily become more valuable, because with less population there will be less consumption and less demand for goods. So even though the dwindling supply of labor will have an upward effect on labor’s value, the dwindling demand for goods will have a counteracting downward effect. And this will only be exacerbated by increased automation.
Economic inequality and lack of economic opportunity is going to be a problem regardless of the population growth rate, and the solution will require something more substantial than simply have less/more children.