🔮 Could AI offset baby boomers retiring?

“Most American workers will feel AI’s impact – but not as a replacement.”

Hi, it’s Azeem here.

The future is being tugged in different directions by powerful forces that don’t move in unison. Sometimes they reinforce each other; sometimes they cancel out. The question is which will dominate – and how we can prepare.

Today, I invited Joe Davis, global chief economist and global head of the Investment Strategy Group at Vanguard, to share his view on this question as someone who’s studied AI and other megatrends in depth from a unique vantage point. Vanguard is one of the world’s largest investment companies, managing more than $10 trillion in assets. In this essay, Joe argues that two of the biggest forces – technology and demographics – may end up balancing each other in surprising ways.

Enjoy –

Azeem