Commentary: Why Singaporeans need to spot and live with ‘grey rhinos’ to avoid being trampled underfoot

This metaphor, coined by American author Michele Wucker, refers to a high impact, highly probable yet often neglected, threat.

Other grey rhinos facing societies around the world include climate change, widening inequality and the impact of technology on jobs. While many developed and developing countries are getting older, few are ageing as quickly as Singapore, where the proportion of citizens aged above 65 is expected to be around one in four in 2030, up from one in eight in 2015.

Changes made to the Retirement Age and Central Provident Fund scheme, along with the introduction of Workfare and Silver Support, have strengthened retirement adequacy and financial security. There is therefore an urgency to upgrade existing infrastructure and find scalable, cost-effective home care models so that seniors with chronic medical conditions can age in place without imposing an undue burden on caregivers.

Global warming has undeniably received much attention, but the question is whether this has translated into action quickly enough to make a difference.This refers to a situation where individuals, acting rationally, may do themselves a collective disservice by depleting a shared resource — in this case, the environment, through excessive carbon emissions.

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