Singapore “going extinct” due to low birth rate: Elon Musk tweet ...Middle East

PETALING JAYA: Tesla CEO, Elon Musk recently tweeted that Singapore along with many other countries are “going extinct”.His tweet was in response to a post regarding Singapore’s declining birth rate. The post stated that Singapore’s birth rate had “hit rock bottom”, which translates to “more seniors” and “fewer workers”, thus a “shrinking labour force”. Citing Newsweek, the post shared that by 2030, “nearly 1 in 4 Singaporeans will be over 65, and the support ratio has plummeted to 4 working adults per senior. In 2014, it was 6.”According to the post, the Singapore government is “urging more hiring of older workers and turning to robots – Singapore has the world’s second-highest robot densit

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Singapore “going extinct” due to low birth rate: Elon Musk tweet ...Middle East

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