Lower genetic diversity, less species resiliency, lower growth for humanity across the board due to less humans exploring various problem spaces.... there are a lot of downsides to declining populations, depending on the surrounding circumstances/causes, just as there are upsides.
I’m completely drawing a blank as to why people having fewer children would be a bad thing for anyone, aside from the Idiocracy scenario. I can think of all kinds of reasons why it would be a good or neutral thing, but I can’t think of any downsides.
No one is talking about a labor shortage! The problem is a consumer shortage. Automation only makes it worse.
Aging population with a shrinking population means less people to buy goods. Automation means less people employed. This is bad for growth. Economic expansion requires increases in production and consumption.
The downsides should be addressed instead of kicked further down the road. Less people on the planet is better, regardless of the economic and social challenges it presents.
Is your argument that there are no downsides to a shrinking population? I'm not so sure the evidence would support such a stance.