Business
Robotics Could Be a Boon for the Elderly
To the Editor:
The new robotic industry may have some surprise funding sources (“The Robot Revolution Is Real. Tesla, Hyundai, and More Stocks to Play It,” Cover Story, Feb. 6). For example, long-term care insurance may cover the cost of robots for home healthcare associated with daily-living activities for the elderly. The longer we can keep people in their homes, the better the quality of life and the longer expensive assisted-living centers can be put off. Robots, self-driving cars, and home delivery of groceries and goods should, in theory, reduce the cost of caring for aging people. Lawn care and landscaping may be one of the first service industries to be disrupted by robotics.