Dementia’s financial impact on the U.S. economy in 2010 was around $109 billion, reported researchers in the New England Journal of Medicine on Wednesday. That figure largely consists of the costs of nursing-home care and home-based care, and it will likely double by 2040 as the population ages, according to the study.
That financial burden becomes even heavier if informal care, such as care provided by family members at home, is included. With those figures, the study found that the total cost of dementia in 2010 was between $157 billion and $215 billion.
This makes dementia one of the most costly diseases to society, the researchers write. As Stephen Hall reported for MIT Technology Review in October 2012 (see “The Dementia Plague”), the growing dementia problem could bankrupt the healthcare system if scientists are uanble to find a way to treat or delay dementing diseases.
The gene-edited pig heart given to a dying patient was infected with a pig virus
The first transplant of a genetically-modified pig heart into a human may have ended prematurely because of a well-known—and avoidable—risk.
Meta has built a massive new language AI—and it’s giving it away for free
Facebook’s parent company is inviting researchers to pore over and pick apart the flaws in its version of GPT-3
Saudi Arabia plans to spend $1 billion a year discovering treatments to slow aging
The oil kingdom fears that its population is aging at an accelerated rate and hopes to test drugs to reverse the problem. First up might be the diabetes drug metformin.
The dark secret behind those cute AI-generated animal images
Google Brain has revealed its own image-making AI, called Imagen. But don't expect to see anything that isn't wholesome.
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