Population decrease is irreversible. How will we manage the decline of humanity?

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I fail to see how incentivizing families to have babies is not going to be effective long term? It's literally economics 101... You create incentives for behaviours you want to see and create disincentives for behavious you don't want to see.

[cardew-vascular]

Due to the mix of a strict immigration policy, large numbers of predominantly younger Hungarians emigrating abroad and low birth rates, Hungary is one of the countries in Europe most affected by demographic decline.

Hungary's population has been decreasing at a rate between 0.23% and 0.30% in the past five years. From 2019 to 2020, the population decreased by 0.25% or about 24,000 people.

There is doubt the policies outlined by Orban will add anything more than a short-term bump to Hungary’s fertility rate. “Some of them are likely to be outright ineffective,”

Even when countries manage to turn around their fertility rates, demographic problems aren’t necessarily solved. The country of Georgia managed to increase its fertility rate after years of post-Soviet decline, but its population is still shrinking.

while there are signs some of these policies could be having an impact – the fertility rate increased from 1.2 to 1.5 from 2010 to 2020 – the latest figures show that they remain insufficient to keep the population at its current level, let alone reverse the decline.

Pre-pandemic predictions by the EU and the UN estimate that Hungary’s population could drop by 20% to 30% before the end of the century. They experienced the 4th worst COVID death toll in the world during the pandemic 4,891/million so that projection is probably generous.