Send us a text

We explore the economic challenges of traditional home care and how AI technology is emerging as a potential solution to make support more accessible. The current system puts care out of reach for 94% of seniors with costs around $30,000 annually, creating a major barrier for those who want to age in place.

• Traditional home care uses a one-to-one caregiver model that doesn't scale efficiently
• Labor costs and caregiver shortages drive up prices while limiting accessibility
• AI disrupts the one-to-one model by allowing support teams to assist many more seniors simultaneously
• Virtual caregiving technologies can handle routine monitoring while human caregivers focus on complex situations
• The future likely involves a spectrum of care options from fully AI-assisted living to hybrid models to traditional hands-on care
• Companies that succeed will focus on serving the 94% currently priced out, similar to how Uber and Amazon disrupted their industries
• This shift represents both a business opportunity and a chance to fundamentally change how we support aging in place

Support the show