Billionaire Elon Musk claims 'population collapse' poses higher risk than global warming

In a society where social structures frequently rely on the young helping the elderly, futurists are speculating what will happen as populations age.

Agencies
Billionaire Elon Musk frequently tweets about "population collapse," contending that we as a society must raise our birth rates to counteract ageing populations.

At a conference in May, Musk stated that humanity must at least sustain its numbers.

According to Prof. Alice Reid, director of the Cambridge Group for the History of Population and Social Structure, some nations are experiencing declining populations because of below-replacement fertility. However, the world's population is still growing and will probably do so until the end of the century. This is partly because of a phenomenon known as population momentum.


Low birth rates will not produce a demographic collapse, according to Dr Peter Matanle, an expert in East Asia's social and cultural geography. He said that populations would age and decline steadily, which might have a lot of positive effects on society.

Monday blues? Read motivational quotes by Elon Musk
1/11

Monday blues? Read motivational quotes by Elon Musk

Monday blues? Read motivational quotes by Elon Musk

“People work better when they know what the goal is, and why. It is important that people look forward to coming to work in the morning and enjoy working.”

“People work better when they know what the goal is, and why. It is important that people look forward to coming to work in the morning and enjoy working.”

"When something is important enough, you do it even if the odds are not in your favor."

"When something is important enough, you do it even if the odds are not in your favor."

"If something's important enough, you should try. Even if - the probable outcome is failure."

"If something's important enough, you should try. Even if - the probable outcome is failure."

"I think that's the single best piece of advice: constantly think about how you could be doing things better and questioning yourself."

"I think that's the single best piece of advice: constantly think about how you could be doing things better and questioning yourself."

"People should pursue what they're passionate about. That will make them happier than pretty much anything else."

"People should pursue what they're passionate about. That will make them happier than pretty much anything else."

“Don’t confuse schooling with education. I didn’t go to Harvard but the people that work for me did."

“Don’t confuse schooling with education. I didn’t go to Harvard but the people that work for me did."

“It’s ok to have your eggs in one basket, as long as you control what happens to that basket.”

“It’s ok to have your eggs in one basket, as long as you control what happens to that basket.”

“The first step is to establish that something is possible; then probability will occur”

“The first step is to establish that something is possible; then probability will occur”

“I think it is possible for ordinary people to choose to be extraordinary”

“I think it is possible for ordinary people to choose to be extraordinary”


Reid also views decreased birth rates favourably. Reid challenged Musk's assertion. She stated that global warming is a greater menace to civilisation than low birth rates.
ADVERTISEMENT

Although climate change is outside her area of expertise, she claimed that the scientific community has concluded that it poses a severe hazard with possibly catastrophic implications for human civilisation and world ecosystems.

FAQs:

  1. How are decreased birth rates favourable?
    Improved living conditions are one potential benefit, according to Matanle, and lower labour costs may lead to higher salaries.
  2. What does "population momentum" mean?
    Population momentum happens when fertility rate of a nation declines towards or below replacement level, yet the size of the population continues to grow due to the age structure.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › US News › Billionaire Elon Musk claims 'population collapse' poses higher risk than global warming
Text Size:AAA
Success
This article has been saved

*

+