Aging Baby Boomers Spawn New Tech Markets

PreacherTom writes "With the generation of Baby Boomers starting to enter their 60's, 75 million Americans will cross that line in the next 20 years. For the first time, though, this group will be composed of people who have grown up with technology. Enter a new industry: tech for the elderly that provides greater independence and better health, with an eye to users' privacy and dignity. Some examples (with pictures) would be the Pill Pets, stuffed animals with LCD's that tell their owners when to take their medicine, and Aware Car, which provides electronic warning systems to compensate for losses in reflexes." A national coalition, the Center for Aging Services Technologies, was established in 2003. Intel is doing some imaginative work in the area of assistive technology.

Comments

These devices are not marketed to Old People.

[FatSean]

They are marketed to the children of Old People who will be paying to care for the Old People. The Old People trusted their government and employers and didn't do independent retirement saving. Now they are screwed and the coming generations get to pick up the tab. The tab isn't just in money, but in time as well.

I almost feel sorry for those Old People who are broke...but then I remember how they've been voting for authorotarian candidates and I just can't muster up much sympathy. Let them lay in the beds they made.