The ongoing baby bust in China has already lowered its share of the world working age population from a peak of 24 per cent to 19 per cent, and it is expected to fall to 10 per cent over the next 35 years. With a shrinking share of the world’s workers, a smaller share of growth is almost certain.

“It’s one of those lawsuits that’s filed more for symbolism than for substance—as reflected in just how empty the allegations really are, and in where Musk chose to file, singling out the ultra-conservative Northern District of Texas despite its absence of any logical connection to the dispute,” said Steve Vladeck, a law professor at the University of Texas and a CNN legal analyst. “The choice of venue can best be described as trying to shore up a weak claim on the merits with a bench more likely to be sympathetic even to weak claims.”

“This reads like a press release, not a court filing to me,” said Joan Donovan, a professor of journalism and emerging media studies at Boston University. “X does admit the ads were shown next to hateful content, but argues it was ‘rare.’ This is the same strategy employed by advertisers that got YouTube to demonetize political content in 2017.”