The economics of artificial intelligence : health care challenges /
Amid sweeping conversations about the future of artificial intelligence and its impact on US industry and economy, one economic domain has remained relatively insulated from the discussion: health care. How is it possible that an industry so bemoaned for inefficiency and expense, an industry so larg...
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Corporate Authors: | |
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Group Author: | ; ; ; |
Published: |
The University of Chicago Press,
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Publisher Address: | Chicago, IL : |
Publication Dates: | 2024. |
Literature type: | Book |
Language: | English |
Series: |
National Bureau of Economic Research conference report
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Subjects: | |
Summary: |
Amid sweeping conversations about the future of artificial intelligence and its impact on US industry and economy, one economic domain has remained relatively insulated from the discussion: health care. How is it possible that an industry so bemoaned for inefficiency and expense, an industry so large that it now makes up a quarter of the US economy, could escape the efficiency- and cost-driven disruptions of AI? How are doctor's offices still relying on fax machines in the age of driverless cars? Why is it the one industry where we'd like to see AI try some things the one that machines can't seem to infiltrate? This book convenes contributions from health economists, physicians, philosophers, and legal scholars to identify the primary barriers to entry for AI in America's biggest industry. Across original papers and wide-ranging written responses, they find five domains of barriers: incentives; management; data availability; regulation. They also find evidence of real opportunity: AI has promised to improve outcomes and lower costs, and if paths to intervention are seized upon, improvements will follow. -- |
Carrier Form: | ix, 161 pages : illustrations ; 24 cm. |
Bibliography: | Includes bibliographical references and indexes. |
ISBN: |
9780226833118 0226833119 |
Index Number: | RA410 |
CLC: |
R319-532 R1-9 |
Call Number: | R1-9/E197-1/2022 |
Contents: | Introduction -- Artificial intelligence, the evolution of the health care value chain, and the future of the physician -- The potential impact of artificial intelligence on health care spending -- Health data platforms -- The regulation of medical AI : policy approaches, data, and innovation incentives -- Additional comments. |