Little by little we will surely recover, the birth rate is falling and there are fewer and fewer children, but I don't think that with immigration we can find young talents for Europe, surely there are many talented and young Italians who have been given the chance to play, it's the system that doesn't work unfortunately
There is no doubt that the player pool is getting smaller with each generation. But in case of Italy, they have a very strong advantage which they haven't yet used so far. There are tens of millions of ethnic Italians in Latin America (there are tens of millions more in the United States, but I guess it will be difficult to convince them to move to Italy). These ethnic Italians from Argentina, Uruguay and Brazil can be encouraged to move to Italy. And given how strong are these guys in football, it will definitely benefit the Italian team.