We are in a bit of a crunch demographically as well. Most Western countries have reproduction rates well below replacement. You are going to see significant effects of this within 50 years. Automated manufacturing and big data will eliminate many jobs from the lower half of the work force. It will also start to bite into traditionally upper class professions. I wouldn't want to be a doctor or a lawyer in 50 years.
As for the future economy, high IQs with technical mastery will do well, and so will their managers and marketing people. Secondary service entrepreneurs will also do well.
That is pretty utopian. There are a lot of things that could go wrong or change in the meantime obviously.
|