Peter Diamandis and Dan Sullivan discuss the future of Healthcare and Education.
- Both industries are fundamentally critical to human beings.
- While they are better than they were, we are finally seeing the potential of how great they can be.
- Peter Diamandis’ goal is to make healthcare and education dematerialized, demonetized and democratized for everyone one the planet.
- Global Learning X prize – funded partially by Elon Musk, Tony Robbins – tablets to self teach kids literacy in schoolless and poor regions.
- You can scale tech, not teachers or schools.
- Self empowerment and self education are the future.
- AI will replace the need for coding and engineering knowledge.
- PD – Hospitals are an awful place. They are dangerous with disease and superbugs. Insurance and Healthcare have made it unbearable.
- Humans in a hospital are on an assemnly line of doctors, with no one looking at the whole person.
- Due to recent legislation, most hospitals are transforming into public corporations, requiring quarterly profit reports.
- Healthcare costs decrease over time with tech, but wastage and administration costs skyrocket the price of Healthcare in this country.
- Deep data will make a huge shift.
- Doctors don’t have the brain power to crunch huge numbers, but big data and machine learning do.
- And your physician can only know a fraction of the Healthcare news and articles published. Machines don’t have that problem.
- Empower each person to be the CEO of their own health. Including x prize to self diagnose disease.
- We’ll have an effective check engine light, allowing for preventative treatment long before we experience symptoms.
- Medical waits and price will dramatically decrease with digital tech
- Bureaucratic parasites are the barnacles gathering under this ship, inexplicably driving up prices.
- Ultimately future healthcare will be free. What used cost hundreds of dollars in research, consulting and time can now be done with a google search. Healthcare will follow the same path.
- And the poorest people will have access to this information.
- Insurance will want to cover DNA sequencing because it will help keep you around longer as a paying customer.
- Great technologies are things that create teamwork in places and times where it would otherwise be impossible.
- Deep data has already yielded a 34% decrease in death by heart attacks.
- “All great technological breakthroughs are great teamwork breakthroughs” – Dan Sullivan