Startup Ideas AI

Many elderly individuals experience loneliness and isolation, which can negatively impact their mental and physical well-being. A startup could develop virtual companions powered by artificial intelligence to provide personalized interactions, entertainment, and emotional support. These companions could engage in conversations, share stories, play games, and offer reminders for medications or appointments. The market size for elderly care is estimated to reach $12 billion by 2025, according to a report by MarketsandMarkets.