Learning, working, contribution and legacy

Technology solutions augment care – not replacing family or support. The categories of technology offerings help older adults age successfully and include independent market segments – each useful – but together, they complete a puzzle for a fulfilling and interactive life for older adults, enabled with the support of families and caregivers and include the sub-categories as shown in the examples at the end of the Technology for Aging 2023 Market Overview.  Care-related service organizations are taking a closer look at technologies that could help them cope more effectively with staffing shortages and other issues. However, as the photo history of phones shows, the trick is to select solutions, not tech, with staying power and support services to buffer organizations and individuals from the harshest impact of change.

Once upon a time, there were photo albums. You know, the kind that have leather-like binders, with plastic covers for the prints. People would buy extra prints for their friends and relatives after a big event like a wedding (remember wedding albums?). Binders would fill bookshelves (remember bookshelves? They once held books). Then along came Facebook so that families could keep up with each other’s kid and dog photos. A study in 2013 noted that this was a bit worrisome -- "people don’t relate well to those constantly sharing photos of themselves." How quaint. It turns out that populations don’t relate well to sharing of political slams, holocaust denials and incitement of riots and genocide. Defensive in the face of the WSJ series, though, Facebook insists things are under control. 

Innovation is booming in categories to help older adults.   Perhaps it’s not surprising that innovation focused on older adults is ramping up – mitigating issues of social isolation, wander risk and safety, engagement, caregiving, financial management and many other categories. Not only was last year a bad year for older adult life expectancy at 65, the older adult (65+) population is still growing and a sizable number, particularly women, will live an average of nearly 20 additional years.