/biz/ - Business & Finance

>>17155137
Yeah, well, I will start going all gung-ho about robutts when they actually start staffing elderly homes and the service industry, like it happened with computers as you say. Taking care of people is not simple, especially when they suffer from dementia. We haven't even started working out self-driving cars yet. I hope it works out for Japan, but the current best implementations are basically those godawful customer service chatbots and floor cleaners. Currently in your example we haven't moved past the supercomputing centres stage.
For me Japan is growing all right, but all the growth is taken away by the decrease of workers and consumers. The decreasing population counteracts the growth in automatization in a sort of equilibrium. Japanese economy is generally stagnating, focusing on cost-minimizing to combat the decreasing consumer base.

> Also, let me just point out the fact that Europe's powerhouse (Germany) has taken in millions of africans, arabs, whatever and their economy haven't been stimulated at all by it.
That's not so clear cut as you put it. I'm familiar with Germany and the numbers are fudged beyond belief but it's reasonable that some of those migrants got part-time jobs and had a positive effect on the overall GDP. Granted, per capita might be suffering, but what I personally found scary that they didn't outright tank the economy. Germany's growth was and is actually pretty good and the credit was and is given to immigration. Germany is not a good example, they are still the best performing economy of Europe, regardless of the immigrant dead weight.