Year: 2024
Type: article
Abstract: The United States faces significant challenges in long-term care (LTC) due to the aging population, which strains healthcare systems and contributes to rising costs. Simultaneously, the economic implications of an aging population require urgent solutions that not only address healthcare sustainability but also have the potential to stimulate economic growth. Artificial Intelligence (AI) can significantly reduce LTC costs by improving efficiency, quality of care, and resource allocation. Additionally, AI-driven innovations can generate economic benefits, such as job creation in the Technology sector, better workforce productivity, and cost savings that can be reinvested into other parts of the economy. This paper explores how AI can address the economic challenges LTC poses and offers a pathway to boosting the US economy.
Language: English
Subfield: General Health Professions
Field: Health Professions
Domain: Health Sciences
Open Access status: hybrid
OpenAlex ID: W4405622739