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Market Overview for Technology for Aging in Place

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July 2018

Voice First: Speaking Up about Health and Wellness

Voice First is changing health and wellness offerings today. Already the predicted capability to speak a request or instruction without having to type or tap on a device – known as Voice First – has transformed how we interact with technology. If we can speak a command to play music, control the lights, or open the shades, then benefits can accrue to the elderly living alone. This technology can help individuals who are blind or have macular degeneration, and it can help those with disabilities. AARP and Optum have initiated pilots to determine if this technology can help mitigate social isolation among the elderly and improve health outcomes. Also note the experiments and pilots for applying Voice First technologies for health and wellness. So what’s intriguing?

Five Recent Caregiving Technology Offerings in 2018

What newcomers have entered the market?  Besides ‘longevity market new media’ like Stria (former Next Avenue) that provided a splash of cold water for startups and investors in the older adult space.  Although there is little evidence that any investors are bullish about the general older adult market – despite AARP documentation and various books to the contrary, innovators continue to create new offerings to help older adults live better lives.  Here are five recent and soon-launching offerings to help – content is from the websites of the firms or articles about them:

The ABCs of the Internet Today – Ads, Bots and Crushing Clutter

The business model of the Internet is crushing us.   Rant on. We could start with Twitter, which is deleting millions of bots, trolls, and other fake accounts (often with automated software generating hundreds of tweets per day).  This is raising concerns over the company's growth and true number of monthly users. But it's not raising concern about the business and social value of Twitter. Has anyone looked at the age distribution of Twitter users? Only 8% are 65+, and the biggest block is aged 18-29.  Consider that its share price and profit of $61 million in Q1 2018 are tied to growth in "legitimate human users -- the only ones capable of responding to the advertising that is the main source of revenue for the company." Translate: capable of responding because they are human 18-29 year-olds, not necessarily because they have money to spend. And then there are:

Four Blog Posts (and concerns) That You May have Missed

Considering the dog days of summer.  Dog days – these are the hottest days of summer, according to that Oracle of modern culture, Wikipedia.  As the glow and racket from fireworks fade, it's time to mull over the thoughts that zipped by in recent months, perhaps not noticed, but are worth another consideration.  All four of these posts are about our technology life, as shoppers in stores as recently as July 1, our experience with user interfaces that are designed for none, catching up on the hype/hope/fading hope about self-driving cars, and finally, the only thing that can terrorize a company the size of Walmart – Jeff Bezos and Amazon. Here are four blog posts to take a look at in this sleepy week:

Aging in Place Technology – Five Blog Posts from June 2018

n a short month, heard lots about caregiving and hearing.  You have 'conversed' with an older person who cannot hear well without hearing aids but owns an expensive pair which are highly adjustable. But they don't put them in, or lost one of them and not replaced it, even though the VA will pay for it. These individuals may ask you a question, but they don’t wait for an answer they can’t hear well. And so they go on – talking about themselves  and assuming that’s fine at your end of the 'dialogue'   They have families who become irritated with them; they spend a great deal of time alone.  Then one day, they become part of an equation – those with hearing loss are at greater risk of developing dementia.   Sigh.  Here are four blog posts from June:

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