In the 60’s there was a technological revolution. Labor saving devices like dishwashers transformed labor in the home, giving back hours a day to caregivers. This had transformative social and economic impacts.
Yet today, unpaid labor to run the home is still estimated to be worth up to 40% of GDP across the world [1]. The workload to run the home is the largest single market left relatively untouched by technology.
Akin believes AI-powered technology will play a significant role in shaping the care economy.
We have delivered AI assistants to families with high support needs, for example a child who needs therapy or has special needs. We are in a mature stage of clinical trials with prestigious universities and hospitals to measure the full potential of this technology.
[1] Care work and care jobs for the future of work, International Labor Organization
A home is a complex system, and the labor is a blend of cognitive, emotional and physical labor. An AI solution for the home needs to have deep empathy and the flexibility to perform various complex tasks in this environment to be truly useful.
Four in 10 American adults provide care support to someone else [2].
According to the U.S. Bureau of Labor Statistics, The labor cost of running the home is around 25 hours a week, and rises by an additional 10 hours for caregivers, and 66 hours a week if a child has special needs [3]. 17% of adults and 4.3% of children have severe disability.
[2] Family Caregivers are Wired for Health, Pew Research Center
[3] American Time Use Survey, U.S. Bureau of Labor Statistics
Akin has designed and delivered consumer-ready AI applications that work towards reducing the labor cost of running the home, and increasing wellbeing.
Our customers purchase from us directly in an AI-as-a-service model. We currently make this technology available to homes with higher support needs than average, however the technology is applicable to any household.
Our clinical partners use this to track and manage interventions, and gather data for clinical decision support.
An Ambient AI that understands the goals and dynamics of a family. PAL supports complex tasks, management of daily living, health, meal planning, social connection and goal actualization.
A high-compliance AI as a frontline healthcare worker, to support activities of daily living and health management. In-market today.
Advanced collaborative robots for complex task support alongside humans. These robots were originally developed for the space industry, and have been adapted for domestic use. Currently in clinical trials, and at an advanced technology readiness level.