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.
The 2023 Technology for Aging Market Overview is published. With the establishment of the term AgeTech at CES 2023, the formal interest in the market of offerings for older adults has now been established. Investors are interested, startups are multiplying, and the landscape is favorable for new and intriguing offerings in the space. And in some cases, the new offerings are coming from current players. There are caveats, of course. Tech for all ages remains stubbornly difficult to use, whether it is the frequency of upgrades, the multiple steps to authenticate that the user is not a robot (including checking a box that one is not a robot!) and so it goes. We are not surprised at any of the barriers and pre-requisites we face to log on. And we know that new barriers are just around the corner.
Occasionally some tech really is NEW! At the end of November, the tech world figuratively-speaking fell over when the staggeringly well-funded AI tool, ChatGPT, was launched by OpenAI, its sponsor and creator .Within five days, a million were giving the tool a try – and who knows how many by now (six weeks later, perhaps more powerful servers are required). Trying to understand the utility of an AI tool that knows so much about so much, some bloggers like Margaret Manning are very excited at the possibilities. And some of the ‘best’ examples are posted. Consider that ChatGPT’s data sets were loaded as of 2021 – so the newest information isn’t there, at least for now. It also provides charming but incorrect answers to many questions and has been ‘banned’ temporarily from some sites. Bah, humbug.
CES begins next week – but never mind – what mattered in 2022? The press releases for next week’s 2023 Consumer Electronics Show are stacking up. These will be featured in blogs over the next week or two. Weird and wacky, teeny-tiny, virtual, augmented, robotic, metaverse-y – remote this-and-that. Invented by young and old, the result of competitions and criteria -- for example, consider Eureka Park. They can be shepherded by organizations like AARP, appear in international exhibits like the Swiss pavilion, the Korean and beyond. For those attending, tennis shoes will be required. But before we dive into the startups next week, here is one more look at 2022 – what was notable during that could/might/will serve and help older adults?
Mesa, Arizona, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Iveda®, the global solution for cloud-based AI video and sensor technologies, today announced a strategic partnership with Care Daily, provider of AI Caregiver software services, to co-innovate and enhance the aging-in-place experience. The partnership unites the capabilities of both companies to advance elderly care and continue bringing new age-tech solutions to market.
November was an interesting month in the technology industry. Big tech companies seem to be suffering from the lemming effect – if one conducts a wave of layoffs, the pressure is intense to shrink the corporate staffs, address poor performance (of staff? Of management?), drop certain development efforts, or perhaps they just feel compelled to keep up with everyone else who is downsizing and don’t want to be left out. Maybe this is a good long-term sign that there will be more tech minds outside these big firms to allocate to innovation for, call me crazy, an aging population that needs new ideas from best and the brightest. The four posts for November 2022:
AI matters for older adults. Over the last few years, a growing number of applications of AI and machine learning have entered the market of caregiving technology for older adults. Stanford Medicine offers a Partnership in AI-Assisted Care. Projects are underway at the University of Illinois, MIT AgeLab, Georgia Tech, Penn, and no doubt other university programs around the US. AI is a fundamental machine-learning element in voice technology, which is here to stay, despite the noisy racket about Amazon. The AI role in deriving predictive analytics from accumulated data is just beginning to reveal its utility.