China should up education spending to help population adapt to AI era: economist

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A prominent Chinese economist, Cai Fang, advises Beijing to increase investment in early childhood education and lifelong learning to help its population adapt to the AI era. Cai argues that China needs to shift its investment focus from capital to people, particularly older workers, to maintain growth and social stability amidst an aging population. He emphasizes that education is now a societal imperative to ensure the next generation can withstand AI disruptions. This recommendation comes as China rapidly integrates AI into its industries, making the impact of AI on jobs an urgent policy concern. Experts suggest the labor market's future depends on how effectively policymakers manage this transition.
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