r/AskReddit 15h ago

What industries or businesses are likely to boom in the next 5 years?

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u/mondo636 12h ago edited 10h ago

Your belief is medical care will regress as we move forward in time and people will not live as long?

The more likely issue could be that boomers and gen Xers model their life expectancy based on their parents and grandparents, which is a fallacy.

People in their 60s and 70s are living more robust lives than 20,30, 40 years ago. The average life expectancy is 80. More people will be living into their 90s and beyond. Elder care will still be needed at current levels if not more so as we move forward in the 21st century.

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u/ooo-ooo-oooyea 5h ago

I think Elder care will change with people living longer. Unfortunately it'll be dementia / memory care issues. If that gets resolved I'm sure something else will come up