ACTUARIAL POST: “And, finally… robot-pets” This article was originally commissioned for Inner Workings, a monthly column written by Tom Murray, in the November 2018 edition of the Actuarial Post. The use of robots in Japanese care homes has featured a lot lately in the last segment of the news – the light-hearted piece that is scheduled in order to finish the news broadcast on a pleasanter note, following the bad news items that have gone before. These segments generally focus on the ability of automated robots to interact with elderly people and perform simple tasks such as fetching a glass of water or switching off a light. The topic is dealt with as an amusing item to amaze and entertain people. But beneath the trivial entertainment value of these segments, lies a serious question; is this is a feasible solution for the UK, given the huge looming issue of care provision for the country?
This article was originally commissioned and published in August 2013 for Investment Life & Pensions Moneyfacts publication.