Browsing by Author "Schoepf, Vivien"
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- What if we could live forever? : a forward-looking analysis on Artificial Intelligence and its impact on the longevity industryPublication . Schoepf, Vivien; Pinho, AndréImmortality might be fiction. The industry surrounding it however is very real. With new technologies such as AI, scientific processes in the longevity industry reach new levels of speed, cost and sophistication, possibly enabling a fundamental breakthrough in the efforts to extend human lifespan. This thesis addresses the question how AI will impact the future of the longevity industry. The impact of AI on the industry was observed through a use case analysis which identified five AI-driven growth segments: aging research (AR), drug development (DD), digital health products (DHP), medical devices (MD) and research services (RS). The construction of a Market-Potential-to-Risk Matrix for these segments enabled a forecast of longevity market movements: in the next 2 to 5 years, firms in DHP, RS and enhanced MD will create new healthcare standards by uplifting quality of life and workforce productivity amongst the elderly. The adoption of AI in the next 5 to 10 years will likely lead to major advances in DD and AR, replacing firms which have not been able to capture the benefits of AI. The timeline and direction of these developments will depend on the political, economic and social acceptance and support for the industry. This thesis provides a first insight into the longevity industry from a business perspective, the power of AI and its accelerative impact on emerging industries. Further research could address the implications of these findings for ethics, healthcare and workforce productivity as well as for financial, fiscal and pension systems.