Volume 41 Issue 1
Jan.  2026
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DU Panpan, CHEN Zhao, GAO Chuansheng. Artificial Intelligence and the Development of the Elderly Care Industry[J]. Journal of Guangdong University of Finance & Economics, 2026, 41(1): 17-32.
Citation: DU Panpan, CHEN Zhao, GAO Chuansheng. Artificial Intelligence and the Development of the Elderly Care Industry[J]. Journal of Guangdong University of Finance & Economics, 2026, 41(1): 17-32.

Artificial Intelligence and the Development of the Elderly Care Industry

  • Received Date: 2025-10-22
    Available Online: 2026-03-23
  • Publish Date: 2026-01-28
  • In the context of the in-depth development of China's aging population, artificial intelligence has become an important driving force to address the challenges of aging and boost the development of the elderly care industry. Based on panel data from 30 provinces in China from 2014 to 2023, this study measures the development level of the elderly care industry across various provinces and empirically examines the impact of AI on this development level. The results indicate that the impact of AI on the development level of the elderly care industry is inverted U-shaped. Yet, the current AI development level in most provinces of China lies on the left side of the inflection point, with a prominent technological dividend effect. AI exerts its influence on the development of elderly care industry through the effect of industrial structure servitization and the effect of human capital structure optimization. Both the level of marketization and the degree of opening-up strengthen the inverted U-shaped relationship between AI and the development level of the elderly care industry. Regionally, the impact of AI on the development level of elderly care industry presents an inverted U-shape in the eastern and central regions, while it exerts a positive promoting effect in the western region. In terms of aging intensity, an inverted U-shaped relationship is observed in low-aging areas, whereas a positive promotional effect is manifested in high-aging areas. Further exploration reveals that the impact of AI on the elderly care industry demonstrates differentiated characteristics across different application scenarios. Therefore, while promoting the "incremental empowerment" of AI applications, it is also important to pay attention to improving its adaptability to the development of the elderly care industry, in order to fully unleash the dividends of artificial intelligence technology and drive high-quality development of the elderly care industry.
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