The growing ecosystem of devices and products serving peoples’ health and well-being shows us that innovators already see the opportunity to serve the fast-growing market for self-care among people 50 years of age and up.
For nearly twenty years, one thing has felt inevitable: when boomers reach “old age,” senior living demand will surge. And yet ..
ChatGPT Health builds on consumer use of today's ChatGPT so responses are informed by your health information and context.
The prize honors .lumen’s Glasses for the Blind, an AI-based device that applies autonomous driving technology adapted for pedestrians. Using computer vision and local processing, the headset understands the three-dimensional environment in real time without relying on the internet or pre-defined maps and guides the user through subtle vibrations indicating a safe direction to follow.
The United States faces a fundamental mismatch between surging demand and insufficient capacity.
Comments
any reason why AARP will stop producing conventions
Hi
Do you know why AARP is not going to produce any more of these types of conventions? Thanks
Regional instead of national
According to knowledgeable parties, they are switching to more regional (versus national) events.
Hi Laurie, I'd be interested
Hi Laurie,
I'd be interested to know if any of these tech companies are actually making money or is it just venture capital. Aside from retirement living, are any business segments in the aging in place sector profitable?
Rob
These companies are all brand new
This blog post was about newly launching companies -- the LivePitch competition was judged by VCs.
'Aside from retirement living' -- that includes independent living.
As for 'aging in place companies' making money, the PERS industry sets the pace for age-specific companies, north of $1 billion revenue annually.
Considering that most seniors will not live in retirement communities, that means that the consumer market and the 'aging in place' market -- home design, tech for home, smart and cell phones, home alarm companies -- are all 'aging in place' markets. It is impossible to separate them out -- and for the companies in the space, it is a mistake, in my view.
Companies just entering the field.
Thank you for your clarification.
You always do a great job. Keep it up. We need you expertise.
Mike