The Future of Aging in America Includes AI
Less than a year since the launch of ChatGPT, the AI chatbot that’s taken the world by storm, Americans are looking to the future. And what they see is robots and AI taking care of them as they age. The Nationwide Retirement Institute Long-Term Care survey reveals some startling insights into how we perceive aging and technology.
Daily Functions: Robots to the Rescue
More than one in three Americans would accept robotic assistance for daily activities. This number jumps to 52% among millennials. It’s not just about convenience; it’s about redefining what care looks like in the 21st century.
Companionship: Talking to Robots
Feeling lonely? Nearly 32% of Americans would converse with robots or AI if they felt isolated. This figure rises to 52% among millennials. It’s a brave new world where technology isn’t just a tool; it’s a friend.
Safety and Medical History: Trusting AI
Almost seven out of ten Americans would use AI to alert family or friends if they were in danger. Nearly half would share their medical history with AI to support their care needs. Trust in technology is growing, and it’s reshaping how we approach safety and health.
Nationwide’s Eldercare Robots: A Trial Run
Nationwide is testing eldercare robots in select homes. The goal? To see if robots can help people age in their homes and remain independent. It’s an ambitious project that could change the face of eldercare.
Misconceptions About Long-Term Care Coverage
The survey reveals confusion about long-term care insurance. Many believe they have it when they don’t. This misconception, especially among millennials, is a wake-up call for the industry.
Concerns About Aging: The Real Fears
Americans are worried about becoming a burden, living in nursing homes, and diminishing their children’s inheritance. These fears are real, and they’re driving a search for new solutions.
The Role of Financial Professionals
More than half of Americans say it’s important to discuss long-term care costs with a financial professional. Yet, fewer than one in five have done so. The door is open for financial professionals to step in and guide the conversation.
Conclusion: A New Era of Care
AI and robotics are not just buzzwords; they’re becoming integral to how we envision aging. From daily functions to companionship, safety, and medical care, technology is stepping in to fill gaps and redefine what care means in modern America.