Cost of dementia care in the U.S. will double by 2040

Facing the aging of the baby boom generation, the U.S. is unprepared for the coming surge in the cost and cases of dementia.

How much does it cost to care for American’s with dementia?  A new study has found that the financial burden is at least as high as that of heart disease or cancer, and it may be even higher. And both the costs and the number of people with dementia will more than double within 30 years, skyrocketing at a rate that rarely occurs with a chronic disease.

 

 

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80,000 new jobs in the U.S. created by Apple’s iOS app economy in 2012

Apple’s iOS App Store has seen incredible growth and has doubled its payouts to developers (now totaling over $8 billion) and sparked the creation of over 80,000 new jobs directly related to building software for Apple’s mobile platform within the last year.

 

 

 

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Are meal delivery services the future of groceries?

Would you ever use a meal delivery service?

Are meal delivery services the future of groceries?  The sheer volume of venture-backed meal delivery services that have cropped up over the last year can only mean one of two things: Either there is a sudden, massive demand for this service, and it has finally figured out an economically viable model.

 

 

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Bitcoin: The revolution of digital currency

Several brick-and-mortar businesses across the US have started accepting the virtual currency.

Bitcoin is a cryptographic digital currency that is not underwritten by any government. Bitcoin is designed to be secure and can’t be counterfeited and can be used with anonymity because the software underlying the currency operates on  decentralized peer-to-peer network. What started out in 2010 as an underground currency for grey-market activities, has since grown to a $400 million worldwide market for buying everything from pizza to domain names. In an attempt to prevent inflation, the number of Bitcoins in circulation will continue to grow automatically at an ever-decreasing rate, according to the laws of its software, until reaching maximum of 21 million coins shortly after 2030. There are just over 10 million today.

 

 

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Startups usher in retail revolution by clearing out cash registers

Business are replacing traditional cash registers with such products as Square’s Business in a Box.

The cash register has reigned as an icon of American commerce ever since the Civil War era. It’s an American ritual to pay for your purchases at the cash register. But, the average point-of-sale (POS) system is expensive, inconvenient to set up and manage and not connected to the internet. Despite all of this, these types of transactions occur a million times every day.  The last significant shift happened in the 1950’s when credit card terminals enter the scene.

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Paywalls rise for online news readers

More newspapers adding paywalls to their online subscriptions.

Several newspapers have recently announced plans to erect paywalls to extract subscription revenues for their most loyal online readers. While the Washington Post, the San Francisco Chronicle, the Telegraph, and the Sun are adding paywalls other paywalls are being tweaked.  The NYT paywall is getting less porous, while Andrew Sullivan’s is being tightened up, with a new $2/month option to complement the existing $20/year price point.

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138 million people worldwide want to live in the U.S.

138 million people want to live in the U.S.

Gallup released new data on migration this week.  Around 630  million people – 13% of the world’s adults – say they would like to move to another country permanently.  An estimated 138 million people would like to relocate to the United States. The second-most popular destination was the United Kingdom with 42 million potential migrants.  The U.S. and U.K. were followed by Canada, France and Saudi Arabia.

 

 

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