We’ve all seen the curve showing human population growth over time. Some suggest it looks like a hockey stick. Pundits say the population will exceed 8 billion by the end of this year. But they say also that we are approaching peak population. With this, the population will peak near about 10billion people some time later this century and decline. This population decline may be the first in over 10,000 years.
I don’t expect to be around to see this decline, but it is relatively soon. In fewer than 80 years or within the lifetime of a human in developed countries, this decline will occur.
What does this decline say about world economics? Perhaps with the shrinking population, we will have less need to add infrastructure. Though perhaps there will be a greater need to maintain existing infrastructure. And, with less emphasis on production, then there will be a greater emphasis on the service economy. In any case, we can expect and probably demand a change in the world economics of the future.
As 80 years is not that far away, what type of Earth do you plan for your children and grandchildren? Or, what will remain of Earth for them to enjoy?