Elon Musk and Jack Ma agree: The biggest problem the world will face is population collapse. (via CNBCMakeIt)
. But the two billionaire businessmen do agree on the biggest problem the world will face in the future: not enough people.
"Most people think we have too many people on the planet, but actually, this is an outdated view," Musk said while on stage with Ma at at the World Artificial Intelligence Conference in Shanghai on Wednesday. "Assuming there is a benevolent future with AI, I think the biggest problem the world will face in 20 years is population collapse.""I absolutely agree with that," Ma said. "The population problem is going to be facing huge challenge. 1.
Musk and Ma may be aggressive with their time frame, but by 2070, the global fertility rate is expected to fall below the global replacement fertility rate — that's the average number of children each woman needs to give birth to for the population to replace itself from one generation to the next — according to a recent analysis of United Nations global population data. The current global replacement rate is 2.1 births. The current global fertility rate is 2.5, but is expected to fall to 1.
Fertility rates vary widely, but Africa is the only global region expected to have "strong population growth" through 2100. Populations in Europe and Latin America are projected to be declining by 2100. Asia's population is projected to increase though 2055 and then begin to decline,
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