Japan is at the forefront of a post-industrial society. Much of the rest of the west would be in a similar position, if not for imported labor or outsourcing labor. China will be in a similar spot soon. Eventually all of the world will be where they are. The things and lessons they learn and discover will be useful to other mature economies soon enough. The headway will make them leaders in innovating in this area of…
There seem to be two contradictory narratives: one, that rich Western societies are aging and need to make up for a big shortage of workers; and two, that automation has killed and will kill millions of jobs. Probably both trends are true, but each one pulls in the opposite direction for the demand for labor. Maybe things aren't as bad as people fear on either side.
1. Employers: we need more immigration, not enough workers (willing to work for the shitty wages I want to pay).
2. Workers: automation is kill all the jobs (that pay well, but require few skills).