July 11 was World Population Day.

The current estimate of world population is 8.1 billion or 8100 million or 8,100,000,000,000 people. That’s 8.1 x 10¹² (8.1 E 12) for you math nerds. If you can’t do a superscript, exponents are commonly indicated with a caret (shift-6) as in 8.1 x 10^12.

That’s a lot of folks. Population growth mainly occurs in poor places. As people get wealthier and freer, they live longer and have fewer children. Wealthy countries have slow or stagnant population growth. Poor countries are growing fast. That’s why so many people emigrate—they are seeking better economic opportunities. Wealthy countries like ours benefit from immigration. We need a younger workforce.

We have the ability to feed the world. And to house the un-housed. We aren’t going to run out of space or resources. Economic growth, fueled by technological innovation, will ultimately bring people out of poverty and misery. Wherever the rule of law and the opportunity for economic growth exist people can be lifted to a higher station in life.

Our future does not have to be the dystopian nightmare our Silicon Valley overlords have imposed upon us. We don’t have to spend all our energy and resources upgrading our cell phones. We could focus on food, water, shelter, and civilization instead. We don’t need any more social media platforms. We need a society that cares about those less fortunate than ourselves.