Posted on Aug 04, 2016, 6 a.m.
There will be growth in medicine, robotics, and nanotechnology, due to the aging population, along with increased political risks.
Populations aging gracefully will ultimately drive progress and will likely boost advancements in medicine. Scientists are astonished at the scientific statistical numbers that surround our aging population. People are living longer, and birth rates are declining. The population of people 80 years and over is growing at an amazing rate, and the numbers are expected to climb to 200 million by the year 2030, and to triple 40 years later.
Benefits of Population Aging
According to a detailed report from an accredited research laboratory, the increase in the aging population will:
- Inspire communities facing employee shortages to look for solutions that will improve older worker’s employability, by helping them to stay physically fit and healthy much longer.
- Encourage communities to invest in rehabilitating individuals with disabilities, and introduce them to use new technology that will support their employment.
- Focus on creating and supporting labor-saving technologies that can assist caregivers, such as robotics.
- Open the way for medical breakthroughs in medicine. The medical industry will be the first to take part in the new technology revolution, which will ultimately change the structure of people’s lives. These breakthroughs are predicted to be associated with a set of authors called MANBRIC, a technological paradigm focused mostly on bio- technology, robotic, additive, medical, nano, IT and cognitive solutions.
- Raise government funding of health care, which accounts for at most 10% of the global GDP. This amount varies across the board, though, in the United States it reaches 17%.
- Support the development of surrounding nations through higher funding for health care, leading to the rise of middle class citizens, the decrease of poverty, and a higher quality of life.
- Raise the demand for breakthroughs and finances, by means of utilizing medical and social needs, public funding and pensions.
- Drive higher funding and support for the health of the aging, and the rising middle class.
Conflict in Age and Era
The aging population and the younger generations are heading for a political conflict, as the workforce is filled with aging workers, with longer life expectancy. With individuals living longer and birth rates down, societies can face a world with an exceedingly higher number of 'third age' voters. Political arenas will need to gear their messages toward older and more liberated electorates.
This type of transformation will be difficult to overcome. Democracy as we know it can be transformed into a type of government that is run solely by older citizens, which could in fact, lead to competitive voting and a major government crisis, affecting the democratic way of life.
This display of gerontocracy is already noticeable in the United States and Western Europe, where democratic traditions are strong, cultural and ethnic imbalances are progressively visible. In the final analysis, young Latinos and older whites might face a confrontation, and older white Christian, and younger Muslims in Europe might experience a certain amount of tension.
These changes are global and will likely cause conflict which will surpass national borders, and create global challenges.
National Research University Higher School of Economics.