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CuCabeludo said:

It's bad because currently, the pension system is a Ponzy scheme where the working population funds the pensions of the retirees. If the working population shrinks while more people apply for retirement, it means either the shrinking working population will have to be taxed more or the retirees will suffer large cuts in their retirement benefits.

The younger generation may not have jobs in the first place because of automation. Which means we have to have more money to support them.