Big Data and the Healthcare Revolution

Featuring Nathalie Le Prohon

Nathalie Le Prohon, from IBM, is at the forefront of technological change for healthcare, with big data, artificial and augmented intelligence starting a revolution in diagnostics and the delivery of medical services. Nathalie outlines the advances and potential as chatbots, machine learning and accelerated research makes healthcare truly patient centric, as well as opportunities for investors as the funding comes through. Filmed on March 28, 2017, in Toronto.

Published on
10 April, 2017
Topic
Technology, Business Strategy
Duration
37 minutes
Asset class
Equities
Rating
62

Comments

  • RO

    Robert O.

    5 7 2017 05:39

    0       0

    The real problems with the current health care system in the US is documentation for billing, HIPPA vs the need to access information, and the push for electronic medical records systems for billing purposes and not patient care. Taking care of patients is the relatively easy part of medicine. Physician burn out and the retirement of the baby boomer physicians will place yet another stress to the health care system. I believe that the Watson idea and your personalized medical records on you cell phone are good ideas.

  • OD

    Octavian D.

    22 4 2017 15:35

    3       0

    As a recent graduate from medical school, I can say that all the technologies mentioned have some potential to improve the efficiency of the system, but will definitely not change the status quo. Real disruption in medicine will only come from creativity and trial and error in finding actual cures instead of 'patchwork' and redirecting focus and resources on preventive care. The trends are also not encouraging, considering that recent graduating classes, at least in Montreal, have almost no more teaching in basic physiology. You are taught to think in associations (symptom x, y & z -> problem x -> drug x), which is an attempt at making teaching medicine more "practical", but you end up with a lack of understanding of physiological mechanisms and dogmatic thinking, which is a grand recipe for disaster. These are just my 2 cents on the issue.

  • Jd

    Jan d.

    16 4 2017 18:50

    2       1

    Really missing the most important issue. How to avoid getting ill. This interview is not about healthcare, but about sicknesscare...

  • DR

    Daniel R.

    16 4 2017 02:38

    1       0

    Priorities: speed innovation, reduce costs radically, improve diagnosis, revolutionize quality. Need more coherent message

  • RD

    Richard D.

    14 4 2017 01:38

    5       1

    What a wasted opportunity! Interviewer needs training on how to ask open ended questions. Also, lacking general skills and knowledge "Asking about whether Doctors should learn to code" ! Seriously !! Not even listening to earlier responses about freeing up doctors to do what they do best..... And getting stuck on the privacy chestnut! Time would have been much better utilised with such a knowledgable interviewee around real examples of possibilities of technology use. Opportunity missed!

  • MN

    Mark N.

    13 4 2017 16:56

    4       0

    In my opinion the interviewer comes across as uninformed as several of her questions backfired and as she couldn't resist bringing up her pet peeve that everyone should be re-trained to learn programming.

  • RR

    Raj R.

    13 4 2017 03:01

    0       0

    JIN L, i follow techcrunch and also sign up for Andreessen Horowitz podcast

  • RR

    Raj R.

    13 4 2017 02:58

    0       0

    I own IBM and owned it for 3 years. You get a nice dividend for holding too. The stock has not done much but i think it will begin to move now.

  • CL

    Chewy L.

    13 4 2017 00:20

    1       0

    What are the major future technological disrupters? Any good books, websites or people to follow as it pertains to AI and healthcare? Thanks

  • HJ

    Harry J.

    12 4 2017 21:24

    2       0

    I miss M Green and Grant

  • SR

    Steve R.

    12 4 2017 03:14

    1       0

    A couple of other points I'd like to raise:
    1. On the diagnoses front, AI will definitely lead a healthcare revolution, but...
    2. When you visit a Doctor, you are facing and interacting with a person sitting in front of you, you know who they are. If you are interacting with a 'chat-bot' you don't actually know WHO is on the other side!
    3. Technology is being used more and more to actively discriminate against individuals, for example, to refuse life insurance cover if you have an inherited condition, or to refuse you a mortgage on the same basis.
    4. When you interact with AI, what if it gets it wrong? What is your recourse? AI algos (by their very nature) continually change. There is a legal issue here that no one seems able to offer any solution to. This is one of those "its not a problem until if affects YOU' problems.

  • SR

    Steve R.

    12 4 2017 02:40

    2       0

    The idea of storing your entire medical history on your mobile phone is just insane! Seriously, just think about the implications of this for a minute. Yes, have all your data held centrally for quick access in an emergency using your phone to identify you as an individual, but to store all that data on your phone? Really? How many phones are lost or stolen every hour around the world? There is nothing wrong with blue-sky thinking, but a dose of reality is sorely missing from many of these tech-based interviews.

  • SR

    Steve R.

    11 4 2017 23:41

    4       0

    IBM is on a PE of 12.5 for good reason. The likes of Google are taking much of IBMs business at the large corporate/enterprise level. If you want big data crunching and AI you have other big players on the scene now taking a large slice out of IBM's business, and this trend is accelerating.

  • GM

    Greg M.

    11 4 2017 12:39

    4       0

    What is interesting is the vestiges of the private sector in the USA in health are investing in cutting edge technology. The socialized medical markets are laggards. I find the technology aspect interesting but the economics flawed. The world does not need more public-private partnerships. (Crony Capitalism - make me jump out the basement window now) Also she herself went to Roswell in Buffalo to receive cancer treatment. What would have happened if she stayed in Canada! No matter what technology Canada implements they will have to ration care due to the socialist system. I may add the USA isn't far behind with Medicare and Medicaid.

    IBM has had declining revenue since 2012, and the company is exhibit A of financial engineering - issuing long term debt to buy back its stock.

  • PV

    Peter V.

    10 4 2017 20:31

    0       0

    Humbling and brilliant..

  • DM

    Dom M.

    10 4 2017 20:01

    1       0

    You make us Canadians proud!God Bless!

  • JE

    Jos E.

    10 4 2017 16:48

    3       1

    Couldn't agree more with Raoul. I am involved with Watson through a company I seeded that has been integrated into Watson for various projects, and IBM's contribution to AI and its ability to commercialize the technology is MASSIVELY under appreciated, as is the scale and breadth of what they will be able to accomplish with it.

  • HO

    Halldor O.

    10 4 2017 15:20

    3       0

    Bringing AI to healthcare is a very important topic. But just updating the user interface and user experience of healthcare systems would be a good start. A huge amount of time is wasted interacting with legacy computer systems.

  • RP

    Raoul P.

    10 4 2017 15:04

    15       2

    I think IBM is one of the most undervalued companies in the world right now. Its got a p/e of 12.5 and is monetizing AI meaningfully.