AI Prevents Health Issues
Share
Scott Galloway suggests targeting the intersection of AI and healthcare, focusing on preventative health management. He sees US healthcare as the most disruptable business in the world, with a $3.5-4 trillion market that's ripe for AI-driven transformation.
Key Points:
-
Market Opportunity:
- US healthcare is a $3.5-4 trillion industry
- 4 out of 5 people aren't happy with current healthcare
- Costs have outpaced inflation for 40 years
- US spends $13,000 per person vs UK's $6,500 with worse outcomes
-
AI-Driven Healthcare Transformation:
- Move from defensive to offensive healthcare approach
- Collect and analyze multiple data sources:
- Grocery receipts
- Workout routines
- Healthcare records
- Sleep patterns
-
Preventative Focus:
- AI processes personal data to provide:
- Proactive lifestyle recommendations
- Exercise guidance
- Grocery recommendations
- Preventative health measures
- AI processes personal data to provide:
-
Business Model Example:
- Text-based healthcare (like 98.6):
- B2B service selling to employers
- $3/month per employee
- AI-powered initial diagnosis
- Connection to specialists when needed
- Direct prescription fulfillment
- Text-based healthcare (like 98.6):
Scott Galloway
Professor at NYU Stern School of Business, teaching brand strategy and digital marketing to MBA students. Entrepreneur who has founded multiple successful companies, including Red Envelope.
Co-host of the popular 'Pivot' podcast with Kara Swisher and host of 'The Prof G Pod with Scott Galloway'. Author of several books, including 'The Algebra of Wealth', and currently writing a book about masculinity.