Understanding the long-term demography In the U.S. labor force, we have a 15-to-20-year shift in population that is going to create significant labor shortages. We are experiencing part of this right now. We're only halfway through the bubble, with 50% of the large baby boomer generation retired. There are not enough people of working age to replace them. The next generation is in school, but they're too young to work. Unlike some other countries, the U.S. will be OK long term, but we're going to have a 15 to 20-year void in our labor supply.
AI is a solution that can be employed to eliminate some of the labor voids that we will experience over the next 15 to 20 years. AI, however, requires a long-term commitment and investment to compensate for this issue. For the U.S., our neighbors to the south are key components of balancing our labor supply as well. We need our government to grasp the reality and make some hard decisions that won't be popular with blue-collar workers.