Share to Facebook Share to Twitter Share to Linkedin AI humanoid robots may become part of retirement and older age, but how will you acquire and pay for ...
[+] them? getty Technology is rapidly transforming the landscape of life in retirement and older age. A myriad of devices—big and small—are becoming part of our everyday lives as we age. The technology is coming.
The less clear question about life in older age is how will we acquire and pay for these technologies in retirement. A New High-Tech Retirement Lifestyle With the advent of advanced computing power, AI algorithms, and nearly ubiquitous sensing, a new wave of startups and multinational corporations are developing solutions tailored to the needs of an aging global population. This technology is becoming ever-present—integrated into our homes, wearable on our bodies, and even embedded into our clothing and footwear.
These emerging technologies enable a high-tech retirement lifestyle that goes well beyond basic communications and entertainment. Devices and smart systems are already available to monitor physical health, manage medications, ensure proper nutrition, and encourage healthy behaviors like staying hydrated and maintaining social connections. According to AARP , Americans aged 50 and older spent $77 billion on all types of technology in 2022.
By 2030, this figure is expected to soar to $120 billion. As Keren Etkin, The Gerontechnologist , cites, the global aging and technology market could reach $2 tr.