This question happens to be something I know well, and there are a few reasons: First: In many developed countries, taxi drivers must be citizens or at least permanent residents of the country, so a large number of migrant workers can’t enter this industry. This policy is designed to protect basic employment but directly limits the entry of younger workers. After all, the taxi industry is low-growth and has limited upward mobility, making it unattractive to young people. Once the participation rate of young migrants decreases, the jobs naturally get taken over by older individuals with fewer employment options. Second: The marginal income of the taxi industry in developed countries is quite low, but for older people, it’s actually cost-effective. Young people prefer higher-paying, more respectable, or career-growth-oriented jobs, while taxis are a typical example of a stable but low-ceiling profession. Older people don’t face career advancement pressure, have lower mortgage burdens, and more free time, so they’re more willing to trade their free time for a stable and decent cash flow. Third: The taxi industry itself demands more stability, experience, and emotional control, but less physical strength and innovation. This creates a structural preference: the older you are, the more you meet the industry’s expectations. Many companies even prefer renting cars to older drivers because they have lower accident rates, stable temperaments, don’t job-hop, don’t chase trends, and require less management. Young drivers, on the other hand, often treat taxi driving as a transitional job and leave as soon as they find better opportunities, so the industry naturally leans toward older workers as the mainstay. Fourth: Developed countries are experiencing severe population aging, with fewer young people and a growing proportion of older workers. Older people, due to pension gaps, purchasing power pressures, medical expenses, and consumption habits, are psychologically and financially more inclined to continue working in a semi-retired mode. The taxi industry, with no boss, no age restrictions, and no long-term commitments, is one of the most suitable professions for older people to continue working. Fifth: The emergence of ride-hailing platforms like Uber and Grab has further drawn away young drivers. If young people really want to be drivers, they’ll first choose ride-hailing platforms with greater flexibility and lower barriers to entry, rather than traditional taxis. Especially since more young people now own cars, it’s easier for them to do part-time gigs, so there’s no need to work full-time as a taxi driver. So, it’s normal to see more older drivers. In a while, I think it won’t just be ride-hailing; even food delivery will see more middle-aged people joining in.