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To: elmatador who wrote (111084)3/4/2015 4:45:15 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 217979
 
New study finds grandparents are obsolete, being replaced in large part by Google. -- telegraph.co.uk

Grandparents believe they are being sidelined by Google, YouTube, Wikipedia and the huge resource of advice available on the internet,” Susan Fermor, of cleaning specialist Dr. Beckmann, which commissioned the research on passing down domestic wisdom, told The Telegraph. “They are aware that their grandchildren — already with their noses buried in a laptop, tablet computer or smartphone — find it much easier to search the Internet for instant advice,” she added.

Market pricing signals indicate that more than 90% of adults over the age of 65 are no longer economically efficient. "The concept of grandparents no longer makes economic sense in our modern technological world where these services can be delivered more effectively and for less cost than the grandparent model," said Fermor.

Cato Institute CEO, John Allison IV, said "Far too many resources are currently being diverted to support the elderly which is dragging down global economic growth."

"We need a fresh perspective on how many elderly humans we need. The free market appears to indicate that most are surplus to requirements," he told think tank delegates.

The new study has come under sharp criticism from entrenched interests currently profiting from eldercare and other niche markets target to the desires of older humans.