The best news of the last month was something that most people entirely missed. Amidst all the distractions and noise that comprises modern media, a quiet press release discloses that a supercomputer has suddenly become more effective than human doctors in diagnosing certain types of ailments.
IBM's Watson correctly diagnoses a patient after doctors are stumped.
This is exceptionally important. As previously detailed in Chapter 3 of The ATOM, not only was a machine more competent than an entire group of physicians, but the machine continues to improve as more patients use it, which in turn makes it more attractive to use, which enables the accrual of even more data upon which to improve further.
But most importantly, a supercomputer like Watson can treat patients in hundreds of locations in the same day via a network connection, and without appointments that have to be made weeks in advance. Hence, such a machine replaces not one, but hundreds of doctors. Furthermore, it takes very little time to produce more Watsons, but it takes 30+ years to produce a doctor from birth, among the small fraction of humans with the intellectual ability to even become a physician. The economies of scale relative to the present doctor-patient model are simply astonishing, and there is no reason that 60-80% of diagnostic work done by physicians cannot soon be replaced by artificial intelligence. This does not mean that physicians will start facing mass unemployment, but rather than the best among them will be able to focus on more challenging problems. The most business-minded of physicians can incorporate AI into their practice to see a greater volume of patients on more complicated ailments.
This is yet another manifestation of various ATOM principles, from technologies endlessly crushing the cost of anything overpriced, to self-reinforcing improvement of deep learning.
Related : Eight paraplegics take their first step in years, thanks to robotics.
Related ATOM Chapters :
3. Technological Disruption is Pervasive and Deepening
4. The Overlooked Economics of Technology
I bet Governments will 'regulate' the crap out of this unfortunatly
Posted by: Rueben | August 14, 2016 at 11:45 AM
Reuben,
Governments would certainly like to do that, especially in order to collect taxes and fees. But the technology will outpace them, operate from overseas, etc. Technology always finds a way around restrictive regulation over time.
The ATOM publication has a detailed discussion about how technology finds its way around regulatory barriers.
Posted by: The Futurist | August 14, 2016 at 01:39 PM
Actually,I think this is one technology governments will be all over like a bad suit. Any country with a socialised health care system will adopt this. Why? because socialised health care doesn't work, and its a constant complaint from the electorate and a voting issue. It is one of the simple issues that people vote on.
Any government that can make health care abundant (and thereby effective for the people) will win support at the voting booths.
Posted by: Idiocraties | August 16, 2016 at 03:46 PM
Profession of doctor is very sensitive, they have to take care of each & every patient. In a day they can see a lot of patients which can be very exhausting because it requires attention and knowledge of the patient. Sometimes due to lack of activeness, human error may threaten the patient safety. To overcome this AI as a super human spell checker will assist doctors by eliminating human error & relieve them of monotonous & time-consuming tasks...
Posted by: software application developers | May 03, 2017 at 11:58 PM