Last October the investment bank Goldman Sachs put out a report, which was widely cited, suggesting the US could be facing a new period of "jobless growth" thanks to the arrival of new technology and artificial intelligence (AI) in particular, allowing companies to do more with fewer workers.
That is not only a sadness and a loss, but becoming an aged society is a cultural and economic threat. Older people, by and large, are not the innovators or new thinkers. An ageing society risks declining in optimism, creativity and, above all, risk-taking: a top-heavy preponderance of older people makes for a conservative and fearful electorate. We are there already – and it’s getting worse.
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2 February 2026ShareSave