Why We Need Innovation To Prepare For The Global Aging Society

A startling new United Nations Population Fund report projects that in 2050 there will be more people over the age of 60 than those under 15. Put another way, there will be more pensioners than children by 2050. In just 10 years from today, there will be 1 billion people in this age group. These numbers suggest that the elderly will soon become a major burden on society. The challenge, however, is finding ways that turn the elderly into an asset by seeing them as sources of innovation.