Marko Jukic Profile picture
Oct 2 29 tweets 7 min read Read on X
A fertility rate below 1.6 means 50% less new people after three generations, say 100 years. Below 1.2 means an 80% drop.

The U.S. is at 1.64. China, Japan, Poland, Spain all below 1.2. South Korea is at 0.7—96% drop.

Mass extinction numbers.
There is no indication that birth rates are going to stabilize, let alone recover, anywhere. Only Israel and Georgia (?) look like even half-way exceptions.

Unless they drastically and rapidly change, the 21st century will be the century of unbelievable aging and depopulation.
Based on these latest fertility numbers, we can expect the drop in new people in 100 years to be the following: USA (-47%), France (-46%), Russia (-65%), Germany (-68%), Italy (-78%), Japan (-81%), China (-88%), Thailand (-89%).

Turkey, UK, Mexico, etc. all similar.
People haven't really integrated what this means for our civilization, industrial society, and the progress of history because it's too big to wrap your head around.

I think what it means is that our civilization is about to collapse. Meaning sometime before 2200.
It is in every practical sense numerically *impossible* for immigration to fix this. You can't "make up the difference" with immigration when the difference is 50%+ of an entire generation. Especially not if you're China or the EU and your shortfall is in 100s of millions.
People still haven't updated on how rapidly fertility rates in the developing world are falling either. In 2022 already, Brazil was at 1.6, Mexico 1.8, India 2.0, Turkey 1.9, etc.

Numbers above say *Chile* is now at *0.88.* Thailand is at 0.95! What is happening!
The Danish population of Denmark hasn't changed a whit since 1980—44 years ago, or, you know, half a century.

The entire population growth in Denmark since 1980 has been immigrants. I bet this holds for many other countries too. Which means...
...the entire functioning of the quasi-redistributive quasi-capitalist system we have in Europe and North America has been subsidized by immigration for half a century already, while the previous population has stagnated and aged.

The system has been non-functional for decades.
There is no way to sustain the stack of institutions behind our version of modern industrial society when the next generations are collapsing by 50%+. It is as numerically impossible as throwing more immigrants at the problem. The math doesn't add up.
There is a strong psychological need to believe in utopian or apocalyptic visions of the near future, like AI doom/acc or imminent WW3 or ecological catastrophe, because the alternative is staring our incomprehensibly pathetic civilizational population collapse in the face.
I don't expect the dead players and bureaucrats to leap at opportunities for reform, but I think it's a catastrophic distraction for live players and independent thinkers, especially in tech, to forget that the straightforward solution is societal reform.
The solution isn't to hope we can build an AI who will solve all our problems for us or subsidize our incoherent, sociobiologically insolvent system with our wacky technology, the solution is coming up with a new, functional plan for organizing industrial societies.
People used to think that surely the low fertility rates of Asia would stabilize at, like, 1.1 at absolute minimum.

Nope. South Korea (population of 50 million) is now at 0.68. Others following. As @SamoBurja says, no reason not to expect 0.0 TFR societies in the near future.
If we fumble a much-needed reform of industrial society by 2100 or so, I think we miss our opportunity to establish permanent settlements in the Solar System and thus our chance at the stars down the line. It closes the book on that for us. Maybe in another 1000 years.
Everyone proposing to save the day with robots, AI, artificial wombs, longevity, or whatever other speculative wacky tech solution is proposing to do a great favor to the bad and broken system that brought us here.

The system needs reform, not more subsidy. Ideas, not tech.
The global economy and industrial/post-industrial standard of living, and all its attendant social norms, relies on a tremendous scale of population to be viable.

I don't think it's viable anymore when South Korea has 5 million people instead of 50 million.
I'm working on what I think will be a solution to industrial civilization's fertility problem. It's not a quick or easy problem. I published the first piece here in @palladiummag:
Also worth reading (and subscribing to!) @bismarckanlys Brief, which investigated India's rapidly falling fertility rates and near-future population stagnation here: brief.bismarckanalysis.com/p/fewer-than-o…
There is a personal upside to civilization-scale population collapse. If you are one of the few people to prioritize high fertility, your children and grandchildren will inherit a world:
More thoughts on solving industrial society:
Unfounded hope that fertility is a self-correcting problem, yet as @Empty_America is fond of pointing out, falling populations congregate in low-fertility cities even harder. They don't spread out to areas with cheap homes and fruitfully multiply!
If cheap homes attracted young people who automatically used them to be fecund according to some Malthusian logic, it would have happened already in places like rural America or Italy. The opposite is happening.

By @Empty_America in @palladiummag: palladiummag.com/2022/08/16/in-…
If you enjoyed these insights or wish to support further research on solving the problems raised herein, I warmly invite you to become a paid subscriber to @bismarckanlys Brief.

You will receive a new in-depth investigation every Wednesday at 2pm GMT: brief.bismarckanalysis.com/subscribe
You can find every publicly-available Brief to read at no cost here:
One underexplored aspect of the population collapse crisis is how many developing countries simply have fraudulent population numbers for various reasons.

Nigeria's population may be overstated by as much as double.

Read the @bismarckanlys Brief here: brief.bismarckanalysis.com/p/nigeria-is-a…
Every week, Bismarck Brief sends paid subscribers a new in-depth investigation of the strategy of a key institution, industry, or influential individual, from China to Silicon Valley.

You can search all 150+ Briefs we have completed geographically here: google.com/maps/d/u/1/edi…
Some more of our work here, make sure to follow:
The news is structurally designed to keep you uninformed and losing money.

Bismarck Brief is designed to be your guide to the individuals and hidden forces shaping our world—like the demographic collapse.

As a bonus, we even beat the S&P 500. Read here: brief.bismarckanalysis.com/p/why-you-shou…
Finding solutions to civilization-scale threats like the imminent demographic collapse is part of our daily work at @bismarckanlys. Make sure to follow our founder and president @SamoBurja and my colleagues @benlandautaylor and @RianCFFWhitton to stay up to date on our work!

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More from @mmjukic

Sep 22
Europe's problem is that the whole continent is stuck in dead-end jobs. East Asia's problem is that everyone is an overstressed workaholic. The Middle East's problem is being an unemployed region.

America is doing OK because it's the world's underworked product manager.
Latin America's problem is that it's part-time employed. Africa and India don't have a problem. They are hustling and freelancing.

Australia and Canada are spiritually part of Europe.
There are live players and functional institutions in all of these regions, some more and much more than others, but the political economy of each region is clearly selecting for one kind of relationship to employment over another.
Read 8 tweets
Sep 12
This isn't just a light show. It's a demonstration of futuristic military power. You are looking at an unarmed drone swarm.
The same principle applies when a Middle Eastern state shows off its new nuclear plant, or when America shows off its space programs.
We're used to countries showing off their nuclear and aerospace programs and the implications thereof, but showing off your 10,000-strong coordinated quadcopter dance is certainly something very, very new.
Read 9 tweets
Aug 30
My latest article on how MBAs, financiers, managers, and accountants can inadvertently destroy great companies like Intel and Boeing through well-meaning focus on profits or social goals, in @palladiummag!

Some additional points that didn't make it into the final piece: 🧵
In stagnant industries, all companies begin to look alike, doing the same or slightly different things and even depending on each other's supply chains despite nominally competing with each other.

Defense is a poster child. Missiles made by three top competitors, together.
Competitive, growing industries are the exact opposite. Consider the semiconductor supply chain: nearly at every layer, you have effectively a monopoly or duopoly, but driven entirely by prowess not regulation!

Carl Zeiss, ASML, Tokyo Electron, TSMC, even Nvidia to a degree.
Read 8 tweets
Aug 25
Pavel Durov seems to be another in the long list of libertarians who, despite obsession with injustices of the state, have very bad models of how to avoid becoming another injustice of the state.

Islamists, Communists, even Nazis way better at evading the state, ironically.
Satoshi Nakamoto is the exception that proves the rule.
Are you a state trying to capture a dangerous political radical? Get your spies and assassins searching for remote hideouts and fake identities.

But a radical libertarian? Don't worry, they'll be walking around in public like nothing is happening, for some inexplicable reason.
Read 6 tweets
Aug 21
The real story is the decline of institutional functionality of U.S. video game companies. Black Myth Wukong is Chinese. Last year's breakout hit, Baldur's Gate 3, was made by Belgians. Cyberpunk 2077 is Polish.

Starfield was supposed to be the new U.S. hit, but flopped hard.
Elden Ring is Japanese. Palworld is Japanese. Helldivers 2 is made by Swedes.

Word on the street is that GTA 6 and Civilization 7, two American classics, are both going to be trash.
Video games are economically irrelevant, though culturally far more influential than is normally admitted, but the game industry is a great place to see Great Founder Theory concepts like succession failure, traditions of knowledge, and dead player companies come to life.
Read 6 tweets
Aug 20
It's unbelievable how many dynamic companies broke their streaks of engineer-CEOs for the first time in the 2000s, installing their first MBA/finance CEOs, who then promptly made fundamental strategic errors that nixed the company's future, that are now becoming obvious.
"He/she was the first CEO not to come from an engineering background" is not something that happened once or twice, it looks like it was an economy-wide trend, not just in the U.S. but Japan too.

Boeing, Sony, IBM, Intel... we will probably find more examples as we research.
Intel is maybe the most egregious example. First non-engineer CEO manages to say no to Steve Jobs to the offer of manufacturing CPUs for the iPhone. Then of course Intel just totally drops the ball on ARM, GPUs, EUV... literally misses every single development in computing.
Read 21 tweets

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