>The government itself could hire many of them at a lower price point.
To do what?
>Similarly, firms relying on content moderation farms could use the elderly population.
Why would they do that when AI or foreign labor is cheaper? And this is happening right now, let alone in 2040 when there will be more automation and more offshoring. There no room for low-skill repetitive jobs in developed western economies unless you go full communism where the government employs everyone.
To do what?
>Similarly, firms relying on content moderation farms could use the elderly population.
Why would they do that when AI or foreign labor is cheaper? And this is happening right now, let alone in 2040 when there will be more automation and more offshoring. There no room for low-skill repetitive jobs in developed western economies unless you go full communism where the government employs everyone.