China’s AI adoption may limit economic fallout of its rapidly ageing population: analysts

Declining fertility rates have long been viewed as a drag on economic growth, but the outlook may not be entirely bleak for Asian economies such as China, South Korea and Japan, analysts said. Demographic pressure was accelerating investment in robotics and artificial intelligence (AI) in these rapidly ageing yet technologically advanced countries, helping offset labour shortages and sustain productivity even as populations shrank, they argued. Analysts at Bank of America (BofA) Global Resear...

By Yeon Woo Lee