What's Next Longevity Innovation Summit, Dec 11-13, 2023
"Individuals reportedly lost $13 million to grandparent and person-in-need scams."
From the description, too late, and with a significant demand on staff.
Costs soar for eldercare and family finances are depleted.
Introducing tech is like 'pushing water uphill.'
Sage collects data on residents to help track their needs over time and records metrics, such as incident response time, to improve care.
Protecting open space. Aging in place. Transit-centered development.
Internet of Things, and how they relate to the Age-in-Place movement.
The dynamic nature of a care circle.
Selected tech described.
Not enough contractors to remodel all of the homes that will need it.
Some older adults are living in neighborhoods that may be making them sick.
Winning technology needs to be affordable with a business model to make it viable.
Tech-enabling home care is one lens on future of care. Venture capitalists listen carefully for trends fueled by talk in the media. During the past several years, they heard plenty -- about the longevity economy and an investment-related network, digital health watchers like Rock Health and Startup Health 'moonshots', and all things boomer and their tech interest about the future. So they saw home care as a growth opportunity. Buried in and mostly around the wave of investment and media interest in boomers (oldest age now is 71), the tech industry also noodled a bit more about the over-hyped Internet of Things, emerging voice recognition technologies, and technology adoption trends (everybody except for those aged 75+).
Robotic assistant and technology for aging.
22.6 percent of the older population nationwide is at risk of aging alone.