05.09.2019

Andrew Scott & Paul Irving on What Aging Means Today

It’s a rarity to reach 100 years old, but as life expectancies grow longer, what happens when that rarity becomes the norm? Is society prepared for it? Economist Andrew Scott tackled this in his book, “The One Hundred Year Life” and Hari sat down with Scott and aging expert Paul Irving to discuss this in San Diego.

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MY NEXT GUESTS ARGUE A SINGLE CAREER PATH MAY NOT BE ALL YOU NEED.

AS LIFE EXPECTANCIES GROW LONGER, WHAT HAPPENS WHEN THAT RARITY BECOMES THE NORM?

IS SOCIETY PREPARED FOR THIS?

ANDREW SCOTT IS TACKLING THIS IN HIS BOOK.

I'VE SAT DOWN WITH HIM ALONGSIDE AGING EXPERT PAUL IRVING TO EXPLORE.

ONE OF THE THINGS WHEN I STARTED DIGGING INTO THE TOPIC, EVERYTHING IS DECLAD.

LIFE EXPECTANCY AFFECTED BY 10 YEARS.

THEY WERE STILL ACTING IN THE SAME WAY AS OUR OWN PARENTS.

MOST PEOPLE ARE UNAWARE OF THAT.

IF YOU CARRY ON THAT TREND, IT DOES MEAN A LOT OF THE CHALLENGES WITH THE U.K., THEY HAVE TO WEAR A MASK.

SO THE 100 YEAR LIFE WAS SAYING, WHOA, YOU HAVE A LOT MORE TIME.

HOW WOULD YOU LIVE WITH YOUR LIFE DIFFERENTLY?

WHAT'S YOUR DIFFERENCE.

IT'S A PARADOX.

WE'VE HAD INCREDIBLE SCIENTIFIC ADVANCES BECAUSE THEY DECIDED TO IMPROVE SANITATION.

AS ANDREW SAYS, OUR LIVES ARE LONGER ACROSS THE WORLD.

IN MANY WAYS, WE JUST DON'T KNOW WHAT TO DO WITH THESE ADDITIONAL YEARS.

THAT'S TRUE ON AN INDIVIDUAL LEVEL, SOCIETAL AND BUSINESSES AND COMMUNITIES.

WE HAVE TO CHANGE EVERYTHING, ALL INSTITUTIONS TO ADAPT TO WHAT'S GOING TO BE A MUCH OLDER WORLD.

THAT'S THE WAY, BY THE WAY, PROBABLY DO THINGS.

INCREASING FUN.

CHILDREN WILL GET HIM THERE.

YOUNG COUPLES ARE STILL NOT HAVING THE 2.BE 1, 2.2 KIDS THAT THEY WOULD HAVE TO HAVE TO REPLACE THE CHINESE POPULATION WHICH IS LIKELY TO BECOME SMALLER THAN IT IS TODAY.

IF YOU ARE THINKING THAT CULTURALLY, SOCIETALLY WE'RE THINKING YOU SHOULD BE GETTING OUT OF THE WORK FORCE AT 65, YOU CAN WORK A FULL THIRD LONGER.

I MENTIONED EVERY YEAR LIFE EXPECTANCIES GO UP EVERY TWO YEARS.

THAT'S LIKE SAYING YOU HAVE SIX TO EIGHT.

WE HAVE THE DAY 24 TO 32 HOURS, WE'D RESTRUCTURE THE DAY.

FOR ME I WOULD GET UP EARLIER AND GO TO BED LATER.

I WOULDN'T HAVE THREE MEALS, I MIGHT HAVE FIVE HOPEFULLY SMALLER ONES.

BASICALLY I WOULD RESTRUCTURE TIME.

WE INVENTED TEENAGERS AND RETIREES.

AS WE STRETCH LIFE, I JUST THINK STRUCTURES DON'T WORK.

ONE CHALLENGE IS RETIREMENT AT 65 CLEARLY DOESN'T WORK.

NEITHER DID THE THINKING ABOUT EDUCATION, THINKING ABOUT GETTING MORE EDUCATION THROUGHOUT OUR LIFE.

WE'RE ALREADY SEEING MASSIVE CHANGES IN SOCIETY.

THE AVERAGE AGE OF THE FIRST MARRIAGE IS 30 NOT 31.

IN THE U.K. YOU'RE MORE LIKELY TO SEE SOME CHANGES AND IT'S THE BEGINNING OF A PRETTY SIGNIFICANT REWIND.

THAT INQUIRES CHANGES EVERYWHERE.

WHAT'S RETIREMENT ANYMORE?

RIGHT?

IT'S NOT NECESSARILY SORT OF BEING ON THE MARGINS OUTMARCH OUT OF THE WORK FORCE.

YOU CAN'T KEEP PEOPLE AT BAY FOR 30 YEARS.

IT'S GOOD TO BE ENGAGED IF THE WORK IS GOOD.

I THINK IN THE 20th CENTURY WE INVENTED IN A THREE STAGE LIFE.

AND THAT JUST CAN'T BE STRETCHED OUT TO 85, 90.

I THINK PEOPLE HAVE THREE, FOUR, FIVE DIFFERENT CAREERS.

ONE OF THE QUESTIONS ABOUT RETIREMENT IS WHAT DO I DO?

DO I CARRY ON WORKING?

DO I DO THE KPARTABLE.

HOW DOUSE MAKE THAT WORK FINANCIALLY.

BUT ALSO NOT JUSTIFY NANCY, ALSO IN TERMS OF YOUR HEALTH, IN TERMS OF YOUR RELATIONSHIP AND IN TERMS OF YOUR EDUCATION.

WE HAVE MORE TIME BEHIND US.

BEST IN THE FUTURE AND THAT WAS JUST ABOUT FINANCES.

HOW DO I KEEP MY JOB?

WHAT SKILLS DO I NEED?

WHAT ABOUT MY HELP AND TREATMENTS?

HOW.

PRODUCTIVITY INCREASES, LABOR DECREASES WITH AUTOMATION.

IT FEELS LIKE WE'RE ON THE CUSP WITH ANOTHER ONE.

THIS IS GOOD FOR BUSINESS, GOOD FOR ME.

HOW DO YOU CONVINCE BUSINESSES THAT IT'S WORTH WHILE TO BRING ON A WORK FORCE OVER SAY AGE 50.

WHAT WE'VE COME TO REALIZE, THE SKILLS AND TALENTS BEAUTIFULLY CHALLENGE THE YOUNGER PEOPLE.

CURIOSITY AND WRIST TAKING STATISTICS.

BUT THEY ALSO LACK THE SKILLS THAT ENABLE THEM, IN A MULTI-SEC TO RECALL WAY, TO MOVE THINGS THROUGH A CORPORATE SYSTEM.

DEALING WITH THE POLITICS OF BUSINESS, WHICH COMES FROM EXPERIENCE.

IF THEY SOMEHOW FIGURE OUT A WAY TO EFFECTIVELY BLEND THE EQUIPMENT, THEY CAN HAVE THE BEST OF BOTH.

WHAT WOULD BE CREATED BY SAME-AGED TEAMS OF ANY AGE.

YOU WANT TO HAVE THE MOST CREATIVE, THINKING ABOUT YOUR NEW PRODUCTS AND SERVICES.

YOU'RE IN THE SILICON VALLEY CREATING A SKUNK WORSE.

PUT AN OLD PERSON AND A YOUNG PERSON ON THE TEAM TOGETHER AND BY COMBINING THEIR SKILLS AND TALENTS I THINK YOU'RE LIKELY TO HAVE IT OUTPERFORM.

ARE THERE COMPANIES THAT ARE DOING THIS WELL.

SOME ARE.

THERE'S A RAFT OF EXPERIENCE.

THE LAST 20 YEARS IN THE U.S.

EMPLOYMENT HAS INCREASED BY 22 MILLION.

IF YOU LOOK AT WHERE THEY COME FROM, IT'S NOT THE SILICON VALLEY.

IT'S COMING UP TO -- IT'S GONE FROM 55 TO 64.

SOMETHING IS HAPPENING.

THERE'S A LOT OF PEOPLE THAT WANTED THEM TO BE ABLE TO WORK.

THAT'S A PRETTY AM CONTENT.

IT'S BUSINESS CREATION, TOO.

THE EXPECTATION IS CULTURAL BUY RUSS, YOU HAVE TO BE A -- A VERY YOUNG COMPUTER SCIENTIST AND DROPS OUT OF HARBOR FOR YOUR FRESHMAN YEAR.

NO, I DIDN'T.

THE TRUTH OF THE MATTER IS IN THE UNITED STATES MORE BUSINESSES WHICH GET IT.

THEY'VE BEEN BUMPED AROUND AND THEY'VE GOT EXPERIENCE.

HOW DO WE CHANGE OUR ENTIRE EDUCATION SYSTEM?

RIGHT NOW IT SEEMS THAT OUR GOAL IS TO GET YOU THROUGH 12 YEARS OF EDUCATION FOR YEARS OF COLLEGE AND THEN WE'RE STILL OPERATING UNDER THE ASSUMPTION THAT YOU'RE GOING TO BE WORKING AT THE SAME COMPANY FOR FORTY YEARS --

IT'S A BIG CHAPG LENG.

SO CLEARLY WHAT'S GOING TO HAPPEN IS YOU'RE GOING TO GO FROM FRONT LOADING THE APPLICATION.

I'M MAKING IT MORE SEN 2ERD AND CENTRAL.

THAT'S GOING TO LEAD TO SOME REALLY INTERESTING DEVELOPMENTS.

CLEARLY WHAT YOU LEARN, WHEN YOU LEARN, HOW YOU LEARN, WHO DID -- I DON'T KNOW IF IT'S GOING TO BE THE COLLEGES OR PREPARE THEM FOR LIFELONG LEARNING.

I THINK THAT MEANS AT THE BEGINNING OF THE EDUCATION YOU DON'T LEARN THINGS.

THAT'S GOING TO BE THE SKILL THAT'S REALLY GOING TO LOOK AT THE INDUSTRIAL RESOLUTION.

9 TILL 4.

TAKE INSTRUCTIONS, B, USED TO HAVING YOUR PERFORMANCE ME MEASURED.

GOING TO BE A REALLY BIG CHANGE.

REQUIRES A FUNDAMENTAL CULTURE SHIFT.

THAT SPEAKS TO THE WAY WE SHOULD TOOK.

ABOUT IT BEING LIFE LINE.

A TRUCK THAT THE FANS' WOULD APPRECIATE IT.

WHAT WAS YOUR HE EDUCATION?

SKILL ABOUT YOU.

IF THEY CAME BACK, I HAD TO FIT OUT.

THAT DOESN'T HAVE ANY SORT OF RESEMBLANCE I THINK THAT'S KIND OF THE CHALLENGE.

THIS IS AN EVENT.

SO YOU CAN SORT OF SEE HOW THIS LONGER LIFE AND TECHNOLOGY MEANS IT'S GOING TO BE QUITE A HARD LIFE.

GOT TO BE DEVELOPING IT.

LOOKING OUT FOR CHANGE.

IT IS THAT PROACTIVE NATURE THAT'S GOING TO GIVE LONGER LIFE.

I'M WATCHING THIS WITH A GWEN ZER.

HERE'S TWO GUYS TELLING ME THE SQUE WE HAIR THEM BACK.

SOME PART OF THIS IS ALSO CULTURAL.

FIGURING OUT WHEN IS THE TIME FOR COMPANIES, AGENCIES, INSTITUTIONS TO KIND OF RENEW TO GET THE BEST OF THE NEXT GENERATION THAT'S COMING, TO GIVE THEM OPPORTUNITIES TO GROW, OKAY?

THAT'S IT.

I DON'T SUGGEST FOR A MINUTE THAT THE FACT THAT WE'RE TRYING TO FIGURE OUT NEW ROLES FOR WALTER AND FOCUS ON THE ELEVATION OF YOUNGER PEOPLE, TO THE CONTRARY.

MOST OLDER PEOPLE ARE PREPARED TO TAKE PAY CUTS IF THEY'RE GIVEN RESPECTFUL ROLES IF THEY HAVE THE OPPORTUNITY TO MENTOR AND TO PLAY AN IMPORTANT PART IN A COMPANY.

THE NOTION THAT IT'S A ZERO CODE GAME, YOUNG PEOPLE WON'T BE ABLE TO ADVANCE.

40, 45 YEARS AGO ECONOMIES AND BUSINESSES AND COMMUNITIES ARE ELASTIC.

THE MORE PEOPLE WHO WERE INVOLVED, THE MORE THEY GROW.

THE MORE THEY PROS SPIR AND FLOURISH.

THIS IS A CONCERT OVER NARROW CONSTRAINED KIND OF PIE.

I THINK IT'S A FALSE NIR RATIVE.

HOW HAS THE SOCIETY, U.S. AND BK, IT DIDN'T STAND UP.

HAPPY BIRTHDAY, THE 20th CENTURY CREATION.

WE JUDGE PEOPLE BY READYING THEIR FITNESS AND THEIR SORT OF ACTIONS AND ATTITUDES.

WE'VE BECOME SEGREGATED SO THAT LEADS INTO THIS CONFUSION THAT I DON'T KNOW WHAT YOUNG PEOPLE ARE L LIKE.

THERE'S GEN ZEDs AND THE MORE WE'RE TRYING TO GET THE DIALOGUE GOING, TRYING TO REFASHION ALERT.

WHETHER YOU'RE IN YOUR 60s, YOU'RE IN YOUR 20s, YOU'RE SAYING I'M NOT GOING TO DO WHAT WAS DONE IN THE PAST.

THAT'S NOT GOING TO WORK FOR ME.

IN THE WORKPLACE WHETHER YOU'RE 20, 40, 60, EVERYONE WANTS COMMON NAME.

WHAT'S THE COST IF WE DON'T DO THIS?

I THINK THERE'S ONE THING HAPPENING.

WE SEE MORE OLD PEOPLE.

THAT'S THE NARRATIVE THAT NORMALLY COMES OUT.

THE OTHER THING, ACTUALLY, YOU LIKE POWERING.

GO DOWN TO THE SECOND ROUTE.

THAT'S ABOUT ALL OF LIFE, ABOUT EDUCATION, HEALTH, THE WAY WE BALANCED WORK AND HOME.

EVERY ONE PERSON WE CAN GO DOWN THAT HEALTHY WAGGING GROUP.

EVERYONE PERSON WHO DOES GO DOWN THAT, SORT OF THE AGING ROUTE, DOESN'T AGE WELL IS A BURDEN.

SO THERE IS AN ECONOMIC QUESTION.

THIS IS TWR SHOULD BE.

BING HAS THE LIFE EXPECTANCY FOR.

TACKLING THAT HAS TO BE AN INCREDIBLE PART.

PART OF THE CHALLENGE HERE IS NOT JUST ENABLING -- CHANGING INSTITUTION TO TAKE ADVANTAGE OF THEIR IDEA.

IT'S FIGURING OUT WAYS THAT WE CAN EBB SURE PEOPLE THAT HAVE THE SAME OPPORTUNITIES FOR THOSE OF US SMART ENOUGH NOT TO HAVE MAYO.

IT'S PROBABLY A LONGER CONVERSATION, BUT AS ANDERSON SUGGESTS, IN MAKING SURE THAT WE -- THOSE OPPORTUNITIES ARE SPREAD.

PAUL IRVING, ANDREW SCOTT.

THANK YOU.

THANK YOU VERY MUCH.

About This Episode EXPAND

Christiane Amanpour speaks with George Packer about the legendary diplomat Richard Holbrooke; and Kate Pakenham about her new play, “Emilia.” Hari Sreenivasan speaks with Andrew Scott & Paul Irving about aging in today’s society.

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