It's interesting that the same dynamic is playing out on a much larger scale with children. A child is far more helpless than a junior engineer - at least a junior engineer can feed themselves, wipe their own butt, avoid destroying the room, and generally keep themselves alive. Everybody wants to offload the cost of raising children to parents, because the economic benefits aren't realized for 25+ years yet the costs are very substantial (frequently, at least one parent's full-time attention, costing them an income). Prospective parents are saying "fuck that shit" and simply choosing not to have children.
The long-term effects are going to be much like the effect of the software industry turning away from juniors: total collapse. When you have no workforce, you'll do no work - hell, there is just...nothing, nonexistence, no consumers either. But the fertility bust operates on a longer timescale (I think the software industry will start feeling the dearth of juniors in ~5 years, the economy as a whole won't feel the dearth of children for ~5), and it's far more fundamental. Rather than one industry disappearing, all industries will disappear, likely refactored into something that looks far different.
It also reminds me of those ecological predator/prey/locust models that I studied in calculus class, where population dynamics for many species have a tendency to overshoot the carrying capacity of the environment. Each individual in the population makes their own reproductive & survival decisions, but the sum total of them leads to population collapse and a near total extinction, followed by recovery once the survivors find resources abundant again.
It's basically a "Tragedy of the Commons" situation across the board.
The Birthrate dropping has multiple causes, none of them have any relation to the topic at hand
It's a negative (from the perspective of reproduction) confluence of both social and economic developments.
E.g. the death of the traditional gender roles has inevitably reduced birth rates - for multiple reasons to boot. Because on the one hand, the women has am easier time not to commit and just sleep around, consequently becoming uninteresting to men that would've preferred to make a family... But also because biologically, men are more attracted to demure women, which on average will ultimately remove even more attraction, consequently removing even more likelihood of families being built.
But that's once again only one factor, you got others too... Like stagnant wages, which force younger people too abstain from making a family simply because the financial situation doesn't allow for it. And if it happens anyway, it's more then likely to end in a broken family instead of something positive
Another factor is the availability of choice. Dating apps are available, statistically women all try to get into a relationship with the same 1% of men - who sleep around and cause toxicity all around. The remaining 99% become bitter and consequently... Are even less attractive to women.
Just to be clear, in case someones brain has completely rotten through and interprets any blame into my comment: neither sex is responsible for this. Our society just decided to move on from gender roles, for supposedly economic reasons.
The consequences are felt both for women and men, with both feeling less valued and miserable on average. Which understandably makes them less attractive to the other sex again.
Still not a full list of factors at play btw, there is also the builtup of micro plastics in the men's balls, harming sperm production along with normalization of pornography, reducing the sexual frustration of people and consequently making them less driven to find partners. There is also the influencer industry, purposefully encouraging para social relationships, satisfying the social urges of a lot of people, consequently reducing the likelihood of them seeking out friendships... Reducing the likelihood of meeting other people and thus reducing the likelihood of getting a natural relationship through that.
Third places have also mostly vanished, likely related to multiple of these effects to etc pp
> When you have no workforce, you'll do no work - hell, there is just...nothing, nonexistence, no consumers either.
But for a beautiful moment in time, we created a lot of value for shareholders
https://www.insidehook.com/culture/story-tom-toro-new-yorker...