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A Better Life For The Retired Generation

Explosive Growth Simply Explained : Joinfree and Talk to the Young Confidently

A Better Life For The Retired Generation

Subject

This blog is for those who are retired or about to be. It concerns the rapid adoption of AI and how this can be used for your benefit. It can provide personalised healthcare, intelligent home assistance, fraud detection and virtual companionship to name a few.

Whether we like it or not, AI is rapidly engulfing the world and it is better to use it to your advantage than ignore it and think it may go away. Some applications may seem absurd but advocates believe this is the future. These are detailed below.

The following short video shows how older people in Illinois are using it. 

Older People Learning How To Use AI

Future Benefits Of AI For The Retired

While the suggestions below may sound complex and artificial, the rewards are large. If you don’t know how to implement these initiatives, ask for help from the young or google a local consultant. Better still, ask Gemini or ChatGTP4 for explanations – see references below. It’s free! Just try. It becomes easier as you learn.

For instance, I asked Gemini to describe “AI Intelligent Home Assistants” and it provided the answer – see references below.

AI is often associated with technological advancements and economic implications, but it can also benefit retired people significantly. Here are a few:

Enhanced Quality of Life:

  • Personalised Healthcare: AI tools can provide personalised health recommendations, monitor vital signs and detect early signs of disease, ensuring older people receive the best possible care.
  • Intelligent Home Assistants: AI powered home assistants can simplify daily tasks, such as controlling lights, adjusting temperatures and ordering groceries or anything else, making life more convenient and independent. I rarely go into a shop, instead ordering from Amazon Australia, receiving delivery the next day at a low cost. You may think this is un Australian but it makes the local competition improve and has done so.
  • Virtual Companionship: For those living alone, chatbots or virtual companions such as Google Assistant can provide company, engage in conversations and offer mental stimulation. This is a lot easier than trying to find a companion to live with. However, if you prefer a human companion, try here to get all the background factors right first. It’s much quicker and easier than chance meetings.

Financial Security and Planning:

  • Investment Optimisation: AI algorithms can analyse market trends and provide personalised investment advice, helping retired people make informed decisions about their finances.
  • Fraud Detection: AI can detect fraudulent activities, such as identity theft or scams, safeguarding financial assets.

Intellectual Stimulation and Learning:

  • Personalised Education: AI platforms can offer tailored educational courses and learning experiences, enabling retired people to continue exploring new topics and interests.
  • Language Learning: AI language learning apps can make it easier for retired people to acquire new languages, expand their horizons, and connect with people from different cultures.
  • Humanoid Robots: Although too expensive at present, humanoid robots will do all the housework, prepare and cook meals and provide companionship for those who live alone, particularly those who are housebound. People who presently use them say they are constantly talking to them about any subject and enjoy their company! Once paid for, they will work any time of the day for the cost of their electricity. See this video

Social and Community Engagement:

  • Virtual Communities: AI platforms can connect like minded people, fostering social interactions and creating a sense of belonging. Google or ask a chatbot for examples in your local area, e.g., https://au.nextdoor.com/ or on the web, related to your interests.
  • Volunteer Opportunities: AI can help match people with volunteer opportunities that align with their interests and skills, contributing to their sense of purpose and fulfilment. Good In The Hood (GIIH) Rozelle is an example.

In conclusion, AI offers a wide range of potential benefits for retired people, from improving their quality of life to enhancing their financial security and intellectual stimulation. As AI technology continues to evolve, these benefits will likely become even more pronounced, providing new opportunities to live fulfilling and enriching lives.

if you need help or advice on any subject above, ask in the comments below.

References

 

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6 Responses

  1. Bala says:

    Thank you Campbell. As always, your topics are interesting but AI is foreign to me and find it difficult to understand. I intend to learn more about Ai.
    Wish you the very best.
    Sincerely
    Bala

    • Bala

      I do appreciate your regular comments. The best way to learn about AI is to use Gemini or ChatGPT. Google both to register and a bright young man like you will learn in no time. If I can assist send me an email.

  2. Tony Eames says:

    What was so recently talked of as being on a future wish-list is now already here, right now.

    It’s transforming and for many seniors it is re-enfranchising in a multitude of ways (as you say).

    Again, great work with this article!

  3. John Shand says:

    Interesting but while AI is new and trendy and online shopping becoming more popular have we considered the long term effects? We are being told that “made in Australia “ is all the go but how can we compete with a standard of living so high that we can’t afford to produce locally. Our costs-wages,rents transport do not allow us to compete with the Amazons of the world. No wonder stores are closing and businesses becoming insolvent.

    • Thanks John as always

      We can only compete in manufacturing by automating all processes which reduces the cost, increases quality and time to manufacture dramatically. However, this would need to be for large markets including export to justify the cost of initially setting it up.

      Amazon don’t manufacture anything and local companies such as Woolworths, Coles multiple and other companies such as Kogan don’t either, but they are now delivering products directly to customers particularly for the young. This is what competition does.

      Companies becoming insolvent is mainly due to the increasing cost of labour or lack of market because of the recent huge increase in the cost of living and inflation. Many people just don’t have the money.

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