Barclays Private Bank has investigated the impact of longevity to explore the challenges and opportunities of longer, healthier lives. A newly released report from Barclays, Beyond 100 White Paper, introduces the breakthroughs in bioscience could increase life expectancies and help people live fitter, healthier lives for much longer than we thought possible.
In this report, Barclays Private Bank has brought together viewpoints from specialist and leading experts in longevity research and biotechnology, work, housing and the economy. These industry experts tell us about the science behind longer life and consider some of the implications for the economy, your family and your investments. Some insights are cited as below.
The rapid acceleration in digital technology over the last 20 years has not been reflected in medical research, where innovation remains painstakingly slow. It can often take 10 years for a new drug to get to market, and clinical trials have a 90% failure rate. However, this process is being upgraded with the development of a new type of artificial intelligence based on Generative Adversarial Networks.
The education technology (edtech) sector, which includes approaches such as remote learning, online tutoring and the use of tools like virtual and augmented reality, is expected to benefit from this focus on training and upskilling.
The co-living concept remains niche – an experiment in communal living that is popular among mobile professionals, such as those moving to a new country. However, it reflects various changes in society – including both an increasing desire for a sense of community and the changing patterns of work.
Please see more insights on Barclays’ website:
https://privatebank.barclays.com/news-and-insights/beyond-100/beyond-100-impact-of-longevity-on-family-future-and-investments/