The Chinese Billionaire Paying People to Have Kids | James Liang on Demography

The interview explores the relationship between demography and innovation, particularly focusing on the impact of aging and declining populations on economic growth and technological advancement. James Liang, co-founder of Trip.com, argues that a shrinking, aging population can lead to cultural and technological stagnation, referencing Japan's economic decline as a case study. He suggests that countries with larger populations have an advantage in the digital age due to increased data and user participation in innovation. Liang also touches on the concept of "genovation," emphasizing the importance of maintaining a healthy birth rate to sustain innovation and societal progress. He advocates for government support to young families through financial incentives and cultural shifts that encourage shared parental responsibilities.