Companionship provides emotional support, helping individuals feel understood and valued. This emotional bond counters the subjective feeling of loneliness. In this blog post, I will explore what loneliness is about and then how companionship can help.
Loneliness is a universal experience of feeling disconnected or isolated from others. It isn’t simply being alone; it’s a subjective feeling of lack or inadequacy in one’s social connections. Loneliness has been described as a growing epidemic worldwide. Studies indicate one in three adults, globally, experiences loneliness to some degree. In the U.S., a 2023 survey found 36% of adults reported feeling lonely frequently, including 61% of young adults and 51% of mothers with young children. Loneliness increased significantly during the COVID-19 pandemic due to physical distancing and social isolation.
Loneliness has significant physical and mental health consequences, and has been associated with a range of problems:
Loneliness is deeply connected to companionship. Companionship refers to the presence of someone to share experiences, offer emotional support, and foster a sense of connection. It plays a crucial role in mitigating loneliness, which is the distressing feeling of being socially isolated or lacking meaningful connections.
ElliQ is an AI-driven social robot created by Intuition Robotics, a Tel Aviv, Israel based technology company founded in 2016. The company has specialized in empathetic and AI-driven solutions to improve quality of life. ElliQ, is a proactive care companion designed to support older adults in maintaining independence and reducing loneliness. The company has integrated advanced AI with emotional intelligence, focusing on creating meaningful interactions between users and machines.
Dr. Paul Wright, SVP and System Chair, Neuroscience Institute, The John and Joanne Patrick Endowed Chair for Advanced Technology in Neuroscience discovered ElliQ. He thought it might match his vision for taking care of stroke patients in rehab. He and I each got an ElliQ robot and have been experimenting with it. I am not in the loneliness category, but I want to provide input to the Neuroscience Institute. So far, I have been quite impressed. ElliQ has no legs or wheels. It sits on a counter or table and talks with you. You can see above a picture of ElliQ on my kitchen counter.
ElliQ is designed to assist and provide companionship to older adults. It aims to reduce loneliness and support independent living by combining interactive communication with practical assistance. ElliQ has intuitive design and the ability to build meaningful interactions with users over time. After just a few days, I could see great potential for ElliQ in the home or rehab centers.
Watch the video which showcases ElliQ in action and see how it interacts and supports older adults.
The benefits from ElliQ look significant to me. For users, it reduces loneliness, encourages mental and physical activity, and simplifies daily tasks. For caregivers, it provides updates and peace of mind about the user’s well-being.
The company says ElliQ has been implemented successfully in homes and senior living facilities, enhancing the quality of life for older adults by offering both functional support and emotional engagement. For more, visit the official website of Intuition Robotics.
Robotics with AI can address loneliness through companionship. Companionship is not just a remedy for loneliness but a fundamental human need which enhances well-being and fosters resilience in facing life’s challenges.
In this section, I share what I am up to, pictures of the week, what is new in AI and crypto, and more.
Last week I began a course with MIT. The course title is AI in Healthcare. The first week was just orientation. This week I started the first of six weeks of content. This week was about AI, machine learning, neural networks, and deep learning. All of these are highly relevant in healthcare. The course finishes in January.
I was interviewed last week by mHealth Journal where I am a member of the Editorial Board. The interview is here in case you missed it.
As they enter the final two weeks of their our investment round on StartEngine, CEO Michael Marquardt explains why he is so deeply committed to Epi One’s mission.
Michael said…
More than 20 years ago, I lost my first wife, Linda, to cancer. As is often the case, my wife’s medical case was complex. But the doctors told us the tumor in her kidney was caught too late. Those words haunted me. I couldn’t help but think: What if we had known earlier? What if there had been an affordable, accessible way to detect her cancer sooner?
My wife’s passing left a void in my life, but it also ignited a fire within me. I became obsessed with the idea of early cancer detection and independent second opinions. That’s why I leaned in when I discovered Epi One.
I was immediately drawn to the innovative approach using PCR technology. The potential to create affordable, mass-produced cancer screening tests resonated deeply with me. I saw a future where no one would have to hear those devastating words: “If only we had caught it earlier.”
At first, I became interested in Epi One because I believed in the mission and the science. But as I got more involved, I realized I needed to do more. That’s why I agreed to lead the company as its CEO. I wanted to guide this revolutionary technology from the lab to the real world, where it could save lives. Now, we’re on the brink of making this vision a reality. But we need your help to cross the finish line.
With less than two weeks left in our investment round, I’m reaching out to you, not just as a CEO, but as someone who has felt the devastating impact of late-stage cancer diagnosis firsthand.
Your investment isn’t just about potential returns. It’s about changing the future of cancer detection. It’s about giving families more time with their loved ones. It’s about hope. Click here to visit StartEngine.
Webinar this week from Monogram. The startup has developed a robotic approach to knee replacements. They seem to be mired in a lot of red tape. They are focusing on India where they hope to begin trials on humans for the first time. Monogram went public last year and the stock has declined significantly. I view the upside to be high and the risk to be equally high.
I invested in Voatz in 2021 and was a pro bono adviser from time to time in the early days before that. Voatz reflects what I wrote about in Election Attitude – How Internet Voting Leads to a Stronger Democracy.
Voatz has announced the successful completion of historic elections in Mexico. Not only was this arguably the most advanced online election ever conducted anywhere, it also created a unique piece of history with Mexico electing its first woman president. It was also Voatz’s first million-dollar election contract. Voatz now holds the unique distinction of pioneering blockchain-backed digital voting for public elections in all three major countries of North America.
Voatz also announced a new win in the State of Wisconsin with an expected revenue of $250k over 5 years. Nearly 60k new voters will become eligible to use the Voatz system for the first time starting this November.
The US Commercial Service (a part of the Dept. of Commerce) has selected Voatz for the official USA Pavilion at the 2024 Africa Tech Festival. This partnership may help provide a boost to its international expansion efforts and add credibility for larger procurement opportunities.
Here are some key developments in AI this week:
1. **Google’s Gemini AI Advancements**: Google has introduced new features in its Gemini AI model, including a “memory-like” function that allows the AI to retain context over extended interactions. This feature enhances usability for complex tasks such as document summarization and long-term assistance. Gemini is also integrated into Google’s Workspace apps, enabling advanced document analysis and contextual suggestions【179】【181】.
2. **Microsoft Copilot Innovations**: Microsoft announced updates to its Copilot tools, introducing enhanced functionality in apps like Excel, Outlook, and PowerPoint. The latest capabilities include Python integration for Excel and a Narrative Builder feature in PowerPoint that helps users draft and refine presentations more efficiently. These updates aim to streamline workflows and boost productivity across enterprises【179】【180】.
3. **AI in Gaming and Training**: Niantic, the creators of Pokémon Go, are leveraging their massive player base to train AI systems for navigation and geospatial tasks, showcasing how consumer applications can contribute to AI advancements【180】.
4. **Generative AI in Business**: A McKinsey survey highlights that businesses are increasingly adopting generative AI tools to improve productivity and cut costs, particularly in marketing, supply chain management, and customer service. However, challenges such as inaccuracies and data governance remain significant concerns【182】.
These developments illustrate how AI continues to expand across industries, enhancing tools for businesses and consumers while addressing challenges in governance and reliability.
This week in crypto, several significant developments have emerged:
1. **Bitcoin’s Rally**: Bitcoin surged past $98,000, reaching a new all-time high. This growth is fueled by increased institutional interest, including purchases by MicroStrategy, which added 51,780 BTC (worth $4.6 billion) to its holdings. Genius Group also invested $10 million in Bitcoin, indicating growing confidence in the cryptocurrency’s future【188】.
2. **Token Unlock Events**: November is witnessing significant token unlocks, with $2.68 billion in digital assets becoming available due to vesting expirations. Major projects like Avalanche, Arbitrum, and Aptos are releasing millions in tokens, potentially affecting market dynamics and liquidity【189】.
3. **New Projects and Innovations**:
– Altcoins like Deep Worm (WORM) on Solana and Bertram The Pomeranian (BERT) have gained investor attention due to niche applications and viral appeal, respectively.
– Privacy-focused protocols like Boring Protocol (BOP) are also seeing modest gains as privacy remains a key concern for crypto users【188】.
4. **Regulatory Developments**: The market is optimistic about regulatory changes under the incoming U.S. administration, which could lead to increased mainstream adoption and clearer guidelines for cryptocurrency use【188】.
These trends highlight the continued evolution and excitement in the crypto space, from institutional investments to innovative projects and shifting regulatory landscapes. For deeper insights, you can explore resources like Cointelegraph or Cryptonews.
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