Silicon Valley – “End of Medicine” – Andy Kessler – Do to doctors what ATM did for Bank Tellers

July 10th, 2006 |
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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.

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Posted in: Connected Social Media, Healthcare, Technology