Post
Topic
Board Economics
Re: The Future of the Global Economy
by
Abiky
on 24/06/2025, 17:00:34 UTC
Don't we think that we are overexaggerating the effect of AI, Quantum Computing, and underpopulation? No doubt AI will replace man in so many areas but it will also create jobs. AI tools will also need humans to monitor their operation.

Most developed nations are facing sharp population decline. But this gap will be filled by people from developing nations who are experiencing population growth. Regardless of how hard these nations try to control immigration, they will still need immigrants.

Geopolitical crises have been in existence from the beginning of human civilization. It will always come and end, and the global economy will readjust. The world just experienced the escalations between Israel-US and Iran. We got the good news of a ceasefire this morning and the global market is recovering gradually.

Well, there's the issue of Russia's war with Ukraine. The global economy cannot recover until all conflicts are put down to rest. This not only means armed conflicts between countries, but also trade wars. Once things are settled (albeit for a short period of time), the economy will begin to move in the right direction.

It's said that pandemics and external conflicts bring radical transformations to our society. We've already seen the rise of AI as a result. Meanwhile, crypto/Blockchain adoption continues to grow, while Quantum Computers are getting close towards hitting the mainstream. The future is all about automation, tokenization, and a cashless economy. While this aims to make our lives better, it will certainly give greater control/power for both banks and governments. In essence, freedom and privacy for all would be non-existent. Who knows how long will it take for this to become a reality?