We have seen the scary future – and it is behind the firewall. Let’s say it: The Internet of Things almost seemed useful – smart objects connected together was once a great marketing tag line. Now it is becoming an Orwellian nightmare, not just because Google can drive the car while you text. Now we know your car has millions of lines of code in it and is easily hacked by two guys on a couch with a laptop. Volkswagen’s internal hacking, uh, deception to meet emissions standards has given visibility to the Internet of Cheating Things, not to mention the Internet of Hacked Things (from drones!!), and Scammed Things (from the refrigerator!!). And just think how obsolete CES "crap gadgets" will seem after the 2016 CES – the real tech news will be these long-distance and unwelcome invaders from afar, redirecting gadgets on the show floor.
Some tech companies don’t see the senior market as an opportunity. They are the Peter Pan tech firms, the ones in which no one (including the customer) ever ages (you might know them as Facebook, Apple, Google, and Twitter). Meanwhile, from Nashville, France, and Germany, others see inclusion and extra services as good business, maybe because this market is pretty much ignored by the gang of four. Here are five companies that vary a platform or a product to make it more useful for an older adult market or service. – All material is derived from the vendor websites or press releases:
The medical alert industry chugs on…and websites mislead. [Rant on]Fear-based medical alert marketing enjoys robust web traffic, an enhancement to its senior-centric TV advertising. Searchers with an at-risk family member or who saw an older woman at the bottom of a TV staircase can find a plethora of matches. That particular you-know-who staircase vendor was founded in 1987 and salvaged a slogan from a defunct originator, adding the word 'help' in its next trademarked life. But by now, shouldn’t this market have been transformed by technology or undergone a business model change that would mandate a new name? Well, it truly was transformed by a technology – SEO. Go ahead, Google the term. The not-so-medical alert is an SEO marvel, injecting old content with fresh dates. As you scan the list, note multi-device review sites that appear to be pay-to-play, whether they are or not.
Apple launch – the mountain shuddered. Apple is a phone company – the majority of their revenue comes from the iPhone, now to be sold directly on 24-month $32 payment plans – never mind having to buy that $768 phone from those pesky carriers. There were plenty of excited selfies taken at the big event – read this nasty review to get a fresh (that is, not fawning) perspective from a writer who owns all Apple products, ironically. So what was new from the phone company? A smarter Siri, a camera that catches up with Samsung, a tablet similar to Microsoft Surface, and 3D touch -- enabling an activity within device context, so from the home screen, now you can launch straight into selfie mode. But this 3D touch might have been be the most useful feature for older adults with any hand tremor – it enables a deliberate pressure versus accidental swipe – the bane of devices that lost their buttons (and pressure sensitivity) years ago. Note cell phones ‘designed’ for seniors. Note the read-the-manual response on Apple’s Support site about use of the iPhone for seniors used to flip phones.
Getting into the hearing loop arena. Again a chance to note -- the dramatic enhancement of sound for hearing aid wearers in a looped setting -- that is, a room enhanced with a telecoil loop transmitter -- in a public environment. The cost, according to the writer, ranges from a few thousand dollars to $130,000 for the entire airport.The result?
You would have to read this to believe. RANT ON. It pains me to actually link to the original article, because that was, of course, this real estate company’s goal – so this link is to the link that has the link. Nela Richardson, the first chief economist with hot real estate website Redfin, has announced that cities with Uber, Rover, Porch, Instacart and CareLinx provide the most economical and 'tech-enabled' alternatives to assisted living. How’d that get calculated, you might ask? Seniors or their caregivers "would have at least $1,500 each month to spend [after accounting for the mortgage] on the cost of services booked through Uber, Rover, Porch, Instacart and Carelinx versus the $5,933 it would take to live in an assisted living facility."
AARP announced the launch of its AARP TEK Academy. “This is a free, easy-to-use online classroom designed to help 50-plus Americans get the most out of technology to connect with family and friends, explore employment opportunities, access health information, enjoy entertainment and more. Located at AARPTEK.org, the site can be accessed from a variety of devices, including smartphones, tablets, laptops or desktops and offers dozens of tutorials on a range of helpful topics, from social media to staying safe online. AARP TEK (which stands for Technology Education and Knowledge) launched last year offering hands-on workshops in select cities to empower the 50-plus audience to use technology to live their best lives. The TEK Academy is the latest offering as part of this program.” Learn more at AARP TEK.
Builders like to build – and investors like it too. Does it surprise anyone that there may turn out to be unoccupied senior housing units in the future? That the supply may have been overbuilt for the level of future baby boomer enthusiasm for this type of housing? "The occupancy rate for all senior housing in 31 major markets fell this spring for the second consecutive quarter." And shares "have tumbled down" in the real estate companies that, interestingly, continue to build. So what’s going on? Certainly, the old refrain of '10,000 baby boomers turning 65 every day' (beginning in 2011) has not proven to be a market strategy.
If you don’t like the way carriers serve older adults, just wait, it could get worse. A few months ago we learned that carriers are pushing tablets, ha! Just as tablet sales overall are slowing. Carriers obviously read that Gartner report about slowing tablet sales -- and then 'encouraged' us to add a tablet to a plan for $10/month for up to 5GB of data. How generous. That’s not a lot of movies, maybe 2.5 hours of streaming HD per month. But what plan? How to encourage data usage with wireless data plans? No problem, those have all changed, with AT&T following T-Mobile and Verizon aping AT&T. And all of this following the precedent long set in Europe – now the full price of the phone is disclosed ($650 for an iPhone!). You could buy the phone upfront, but not to worry – there’s a monthly installment plan for the list price phone.