If we see massive jobs displacement by AI in 15-20 years time, the falling birth rate might even be considered a boon for China. I've long been skeptical of "automation will displace jobs" narratives, but I think a supercharged AI might be different. At first, it will increase productivity until it can replace people outright.
It's also worth pointing out that China up until ~2040 will see a rising number of STEM graduates. So even if birth rates have collapsed, China will have the demographic momentum up until 2040 to increase innovation due to very large STEM cohorts who were born prior to the Covid collapse.
By contrast, I am not sure I'd want to be in the shoes of a country like Pakistan or Nigeria which have very high birthrates on top of a high population. These countries already teeter on the brink and large-scale jobs displacement by AI in the late 2030s and beyond for even petty service sector jobs would be cataclysmic for them.
It's also worth pointing out that China up until ~2040 will see a rising number of STEM graduates. So even if birth rates have collapsed, China will have the demographic momentum up until 2040 to increase innovation due to very large STEM cohorts who were born prior to the Covid collapse.
By contrast, I am not sure I'd want to be in the shoes of a country like Pakistan or Nigeria which have very high birthrates on top of a high population. These countries already teeter on the brink and large-scale jobs displacement by AI in the late 2030s and beyond for even petty service sector jobs would be cataclysmic for them.