Tuesday, December 5, 2006

Aging Baby Boomers Spawn New Tech Markets

"With the generation of Baby Boomers starting to enter their 60's, 75 million Americans will cross that line in the next 20 years. For the first time, though, this group will be composed of people who have grown up with technology. Enter a new industry: tech for the elderly that provides greater independence and better health, with an eye to users' privacy and dignity. Some examples (with pictures) would be the Pill Pets, stuffed animals with LCD's that tell their owners when to take their medicine, and Aware Car, which provides electronic warning systems to compensate for losses in reflexes."

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