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Neurotechnology- a Friend or Foe of the Human Potential?
- Neurotechnology is a field that aims to monitor, understand, and influence neural activity by bridging the nervous system with technology in many ways.
- There are two main types of Neurotech: invasive and non-invasive. The field has the potential to redefine healthcare, personal wellness, and the ways we engage with the world.
- Invasive neurotech, including deep brain stimulation and brain-computer interfaces, is proving its potential in treating neurological conditions and improving quality of life for patients.
- Non-invasive neurotech, which does not require surgery, has a broad appeal for its versatility in enhancing cognitive health and wellness. It includes wearable neurofeedback devices and virtual reality tailored mindfulness experiences.
- Neurotech is not limited to those facing serious neurological conditions but can benefit anyone seeking a solution to improve their quality of life. Neurotech offers promising solutions such as managing mental health, stress, enhancing focus, and improving sleep quality.
- The neuroscience market is growing, and neurotech is moving at a faster pace. It falls under the massive neuroscience market valued at $612bn in 2022, expected to grow to $721bn by 2026.
- With its reach into our most personal domain, the mind, neurotechnology raises justified concerns about privacy, ethics, and control. Its purpose is to heal, empower, and transform lives; we can co-create Neurotech's future with care and vision.
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