Tag: Genoa

I was recently interviewed by a newspaper in Genoa about an idea I’ve been developing—“Turning Silver into Gold.”

Almost every developed nation in the world, with the notable exception of Israel, now has a birth rate below replacement level. Italy’s fertility rate is about 1.18 children per woman, far below the 2.1 needed to sustain population size over time. In Genoa, home to the Italian Institute of Technology (IIT), the demographic shift is even more pronounced. It is the oldest major city in Italy.

The median age in Italy is 49. In the United States it is 39. In Israel it is 29. In Genoa, nearly 30% of the population is over 65. By 2050, projections suggest that Italy could have roughly one retired person for every working-age adult. An inverted population pyramid is not just a statistic—it is a structural challenge to economic growth, healthcare systems, innovation capacity, and social cohesion.