@n.romi1: 💞Nishanromi 💞

🦋N.Romi🦋
🦋N.Romi🦋
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Saturday 02 December 2023 05:58:35 GMT
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How AI Can Supercharge GDP and Bring Down Costs in the Medical Field On E232, Thomas Laffont explained how at a recent event he hosted, there was a lot of talk about AI having a more positive impact on GDP than previously thought.
How AI Can Supercharge GDP and Bring Down Costs in the Medical Field On E232, Thomas Laffont explained how at a recent event he hosted, there was a lot of talk about AI having a more positive impact on GDP than previously thought. "There was a lot of talk on the GDP side, what if AI can increase productivity and regrow GDP faster than expectations?" He gave an example of doctors using an AI tool to 10x productivity: "Even taking doctors as an example, this new company comes in and develops kind of a diagnosis engine." "And already a third of US physicians are on the platform using it 10x a day to help diagnoses." "You multiply that by the legal profession, coding I think we're already seeing." "What if we just see an explosion of productivity gains across both the physical and the digital economy?" Friedberg broke down how this could also increase patient access and reduce costs while growing GDP: "The doctor one is a good example. If someone had the opportunity to go get more regular preventative checkups, they would." "The problem is, it's very expensive, it's hard to get an appointment, or insurance won't cover it." "But if the cost to a doctor goes down because they can leverage AI, the throughput goes up by 10x." "They can see 10x as many patients per day. Then suddenly diagnostic care becomes more available." "They can charge for that. They don't need to charge the same amount." "The price will come down per checkup, more people will be able to get a checkup per day." "So that grows GDP in diagnostic care." #doctors #ai #medical #healthcare #economy #gdp #startups #tech #business #smart #learn #podcast #clips #allin #allinpodcast

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