Sex chat for seniors
It's currently a billion industry, and Orlov expects it to rise to billion by 2020.
Katy Fike, an engineer and gerontologist, has met with "over a thousand entrepreneurs from around the world" since cofounding Aging2.0 less than two years ago. adults caring for an adult or child with major health issues, and 5 million to 7 million long-distance caregivers, the potential tech market is vast.
Who uses it: Mike Beadles' mom, 85, who has Parkinson's disease and dementia, lives with him in Lawton, Okla. Now Mike, 61 and a disabled vet, is using the low-tech gadget, too.
"Rosie reduces my stress because I don't have to be nervous either one will miss a dose," says Beadle's wife, Heyyoung, who is 43.
"We didn't want to take his independence away but had to protect him," says Reeves, who moved with her husband from Portland, Ore., to Green Forest, Ark., to be near his parents.
Skipping doses or taking too many pills, at the wrong time or not at all, has serious consequences.
So what's the big deal about Grandpa wearing a GPS watch or pendant if he tends to wander or fall?
So far, the government and insurance companies have balked at paying for some of the devices.
You can use it for other reminders, too (feed the cat, take a short walk).
"While Medicaid may reimburse for some aging-in-place technologies, Medicare, unfortunately, does not," says Majd Alwan, executive director of the nonprofit Leading Age Center for Aging Services Technologies.
But that hasn't stopped the boom in new devices, as more and more people and families embrace the lifestyle choices they offer.
A dazzling array of new technology is giving older people more confidence in their ability to live alone, and it's helping many families avoid the wrenching decision to move an aging parent from his or her home to a nursing facility.
"Smart" technology such as sensors, voice activation, GPS, Bluetooth, cellular connectivity via mobile phones, smartphone monitoring apps and sophisticated computers are making aging in place a viable option for an increasing number of people.