Silicon Valley - "End of Medicine" - Andy Kessler - Do to doctors what ATM did for Bank Tellers
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Famed Analyst, Investor and Silicon Valley Guru, Andy Kessler on the “End of Medicine”. Andy Kessler, the guy behind the books Wall Street Meat and Running Money, just published a new book End of Medicine. Andy, who has been a wildly successful analyst and investor can smell the trends and in his new book. He declares the next major bubble and innovation boom from Moore’s Law - Medicine. PodTech’s John Furrier sat down with Andy at his Silicon Valley home to talk candidly about his book and his views on the “end of medicine”. Andy declares in this podcast: “What technology did for businesses will happen in Medicine”….”where the ATM machine replaced the bank teller… the same will happen to the medicine industry…very soon (if not already) a computer will replace your doctor.” In terms of “innovation in medicine”, Silicon Valley is leading the way and with that some big wealth creation opportunities. Andy’s right-on and has some great stories from his travels in researching the End of Medicine.
Review from Publishers Weekly
Kessler, bestselling author of Running Money, made his fortune speculating on Silicon Valley. Now he turns his nose for new technology to medicine. Will the same advances that revolutionized computers ripple through hospitals, changing how health care works? Kessler interviews doctors, technicians, radiologists and the businessmen behind technology in medicine. Advances in radiology—which encompasses all the ways we peek inside our bodies, from X-rays to MRIs—are beginning to make our hospitals look like Star Trek. New scanners can provide a high-resolution, three-dimensional image of the heart and allow doctors to spot blockages. Computer-aided diagnostic software is slowly replacing radiologists in looking for cancer in mammograms. But HMOs, lawsuits and patients’ desire for personal care may prevent these new techniques from ever being used. As Kessler asks, “What if the future was here with no one to pay for it?” Kessler has a raconteur’s ability to entertain, and his outsider’s view of medicine is far from typical in a book on health care.
More info at:
AndyKessler.com
Tags: Silicon Valley, Andy Kessler, Wall Street Meat, Running Money, End of Medicine, Moore’s Law
2 Responses to “Silicon Valley - “End of Medicine” - Andy Kessler - Do to doctors what ATM did for Bank Tellers”
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Copyright ©2008 PodTech.net. All rights reserved. Modified: Fri, 24 May 2013 00:39:04 -0700
December 15th, 2006 at 9:42 am
Andy should know about Dr. Nichols and the Tempus Clinic. 408-354-0801, Los Gatos
Founded in 2002 …Dr Mike is way ahead of the curve and
practicing what Andy is preaching. Early detection viz. technologically available tools.. means better chance of cure.
April 27th, 2007 at 10:18 pm
As a 4th year medical student and, formerly a lawyer, I am confident that Mr. Kessler is on a rabbit trail that will never pan out across the spectrum of diseases he suggests. His ideas sound wonderful, but he is missing a fundamental problem. Diagnostic tests inevitably incur false positives and false negatives, and to greatly simplify, as you improve on one, you amplify the other. So, for example, as whatever algorithm you want to concoct becomes better at predicting disease and reducing false negatives, the false positives will go up. People will be treated unnecessarily and that often is harmful. There’s a word for that–iatrogenic. This is nothing new and well-known in medical research. Thus, silicon is hardly going to displace MDs. But, it may foster lots of unnecessary and iatrogenic care that will drive the cost of medicine far beyond where it already is today. In addition, it will provide new fodder for the med mal lawyers. Truly, medicine is an art and a science.