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Originally Posted by Background Noise
The bolded text are very good points, and they are related. There is a philosophy called anti-natalism. Unlike the second reason you mentioned, where you need your time to pursue your goals (reasons that concern you), this philosophy is more related to your first reason, where your concern is the child and not you. However, it goes beyond it to say that all humans have the obligation to stop procreating altogether and go extinct by choice, because no matter what life you have, it's full of suffering. In other words Better to Never Have Been. However, I think for most humans the instinct of life and procreating are stronger than the desire to end suffering. In a sense, we are imprisoned in life, and there is no escape from its suffering but by extinction by an external force, like an asteroid.
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I think at this point, unless you have a gene or trait that is valuable to humanity (such as an Einstein level IQ) or are from a successful family that does a lot of good for humanity, than I think having children in this day and age is completely selfish.
Not only do we have an abundance of people alive in the world, but humans are living exponentially longer and healthier lives. Infant mortality rates are lower than they've ever been (having high infant morality rates would be the only valid reason to have more than 2-3 children). Most diseases are treatable or curable. The world is considered to be safer now than it was even 50 years ago. Heck, we might even have the means for indefinite life extension in my lifetime since we already achieved radically slowing down the aging process in rats.
My point being with how long humans live now and how long they are projected to live decades and even centuries from now, there is no real need for the majority of humans to procreate.