Given the recent focus on demographics, I went back to review a book in my library titled “The Great Demographic Reversal.” In a post that reviewed the book, I mentioned that the authors state several times that their findings are controversial and counter to the views of mainstream economists. By way of review, the authors concluded that the future is one of:
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Robots Are Constructing a Dam in Japan. Are Buildings Next?
Here is a scenario I expect to see play out increasingly over time:
To address Japan’s rapidly aging workforce and labor shortage, contractor Obayashi Corporation has turned to automation by constructing a dam almost entirely with robots
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Reimagining the Future 