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Medical AI, The Next Megamarket

Arthur Hanson

Well-known member
Medical just in the US consumes 20% of every dollar for a total of four trillion dollars, yet delivers some of the lowest quality of any modern country. (I wrote a forum on this months ago in Barron's stating US medical was the largest criminal organization in the world stealing about two trillion a year compared to Canadian medical that ranked seven notches batter at half the cost per perosn. They withheld publication for about six weeks and then sent me a notice that they approved it for publishing. Since then when I do a Google search, much of the original data has been hidden or scrubbed. They moved the rankings of US medical from 37th to the top ten. It shows the power of money and politics.) This could become a much larger market for semis of all types from sensor chips to AI/ML systems. There are now systems out there that draw blood and also test it robotically. This is a market that begs for innovation and presents stggering opportunities for the tech sector to deliver superior results at a sharply reduced cost. Automation of diagnostics present the low hanging fruit taking up forty percent of doctors time with much of the process being easily automated if special interests could be dealt with. A nation wide real time platform data base could vastly improve the quality and accuracy of diagnostics. To not automate it is like saying a person could out run a car.
 
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