Exponential Megatrends in Healthcare: Data as "The Third Window Into Humanity"
John Nosta, innovation theorist and President of NostaLab, joins Real Vision senior editor Ash Bennington to share his thesis for exponential technological change from the frontlines of the rapidly-changing healthcare industry. Nosta argues that the pace of technological adoption is non-linear, noting that it took 67 years for the airline industry to reach 50 million users while it took Facebook only 3 years to reach the same mark – and a mere 19 days for Pokémon GO. Nosta shares with Bennington the many ways in which healthcare is at the forefront of this exponential change, such as gene editing, telemedicine, personalized X-Rays and EKGs, and collection of ambient biodata. Bennington and Nosta also discuss the history of innovation, the role of data privacy, and the steps technology firms need to take in order to remain at the cutting edge. Filmed on May 11, 2021.
Key learnings: Nosta contends that the pace of technological change is faster than ever and will only accelerate—nowhere is this more true than the world of healthcare. Nosta challenges the mantra “build it and they will come,” contending that the rate of adoption is just as important as the rate of innovation.