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From CES 2023 (2 of 2) - Six more tech offerings that serve older adults

It’s possible to participate in CES – and not be a startup.  While startups were MANY that sought a presence in the older adult technology marketplace, now known as AgeTech, many firms were there who had been at CES before. They went back because of the business benefits of being at the show, post-pandemic, with a chance to interact with some of the 115,000 attendees.  Observers can also watch the whole thing after the fact, like many from around the world will do. Here are six prior attendees in the older adult, wellbeing category that serves older adults. All information is from press releases or the company websites.

CLEARDAY Companion Robot Impacts a Megawave of Aging

10/25/2022

San Antonio, Texas, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Clearday, Inc. (OTCQX: CLRD) is pleased to announce the next step of its domestic and international robotic sales and services with the addition of sales professionals in California, Arizona, Florida and Texas. Each of these states has a large number of Americans over 65. Clearday Robotics provides the Mitra robot with proprietary applications dedicated to enhancing care and empowering the care givers. Clearday believes that its U.S.

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Did you miss one? Check out September’s Aging & Health Tech blog posts

September brings falling leaves, rising and falling hopes. Turns out that VCs are waking up to the opportunity in the longevity economy. Recognizing that people may live a lot longer, perhaps even to 100. How do you prepare for such a long life? Behold the rise of the active adult lifestyle, now enabled with a boom in 55+ rental communities. Combine that change with the ‘Forgotten Middle Market’ of senior living. Consider the Chicago Tribune article about tech for aging in place. Now add in the shortage of workers in home care, health care, and nursing homes. If there was a time to look at the role of monitoring and engagement technologies that augment and assist the worker in the care of older adults – it would seem that this is the time. Here are four Sept blog posts on these and related topics:

Digital literacy -- the required and moving target for older adults

Digital literacy – what is it? The term “Digital literacy” has been defined by the American Library Association task force as "the ability to use information and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills." Their definition of its importance began in the context of children and libraries. But its importance at every age, especially for older adults. Note that 25% of the 65+ population is not online. Yet for them, digital literacy is even more critical – when you consider how much useful information is available from or about our healthcare providers and related services. Consider the CDC definition of health literacy for individuals – "find, understand, and use information and services to inform health-related decisions and actions for themselves and others." These capabilities are nearly entirely dependent on digital literacy – the ability to find and use information. Yet a new study just published noted that 91% of baby boomers felt overwhelmed by technology, with computers being the most daunting device.

Will robots help us in our homes – now and within 10 years?

Context matters: consider the likely status of people in 10 years. It makes you think. Asked this question recently and pondered. What will be the context at that time? A decade from now, the oldest baby boomers will be 86. Women will outlive men by a few years – living on average into their late 80s. They may be solo agers – no children, spouse or partner. They may struggle financially – including the 15% of women who rely primarily on Social Security income.  By 2030, 20% of the US population will be over the age of 65 -- and likely to be obese and living for at least 8 years with some level of disability. The demand for home care workers will grow by at least by 37%.  According to PHI analysis, the job pays so poorly today that 40% live in low-income households and 43% rely on public assistance.  Put all that together and at least the concept of helpful robots sounds pretty good.

Intuition Robotics Launches ElliQ, the Award-Winning Care Companion Robot, for Commercial Sale

03/15/2022

March 15, 2022 -- Intuition Robotics today announced the official commercial launch of its digital care companion, ElliQ which is now available for purchase via elliq.com. ElliQ, the sidekick for healthier, happier aging, accompanies older adults on their journey to age independently while motivating them to live healthier lives. 

 

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Technologies for Older Adults from CES 2022

CES 2022 – smaller in size, but big in tech futures.   Many big companies decided at the last minute to stay home, eliminating, as one attendee noted, the lines at Starbucks.  But this very-global show went on anyway, this time with 40,000 in person (down from 171,000 just two years ago.) AARP Innovation Labs, CTA Foundation accessibility awards, and numerous other in-person, remote, and hybrid sub-events went on (sort of) as scheduled. As with prior CES events, multiple new technologies that benefit older adults were showcased from around the world.  Some will appear in the US market, others may not until a much later date, if ever. All text is from public media. All are worth a look. 

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