Scaling Elder Care to the Next Billion People

We’ve all been bombarded with the statistics about the growing number of Baby Boomers who will required elder care of some sort.  It’s a massive number, which makes it appealing to many of the elder care providers – assisted living, home care, skilled nursing…you name it.

But have you ever sat back and thought about the implications of the entire world aging?!  The United States is a large country, but we are tiny compared to the populations in India and China.

It’s well documented that healthcare costs continue to rise.  But the average number of caregivers per elder is also declining, forcing system change in how we approach elder care.  The problem has also gotten the attention of large technology companies such as Intel.  This video shares a lecture from the University of Washington Engineering Department and features a researcher from Intel.  While the lecture is long — 50+ minutes, it’s facinating the technical and cost hurdles that will need to be cleared to truly provide care for the next billion.

For those brave enough to watch the whole thing, I’d love to hear your comments!