The sun is shining brighter, the stands are quieter, and visitors order their first beer at the bar around noon. After all, TNW doesn’t call itself a tech ‘festival’ for nothing. Also, on day two, ‘generative AI’ and ‘Chat GPT’ are the most common terms. During the panel on generative AI in healthcare, Julia Hawkins and Shez Partovi fully agreed: healthcare is under pressure, and AI can offer redemption.
- AI is seen as a solution to healthcare pressures, potentially making the industry more efficient and providing insights for better patient care.
- Biohacker Teemu Arina impressed the audience with his keynote on biohacking.
AI can make health care much more efficient
And when they say it, that’s saying something. Hawkins invests in health tech companies and is a partner at GlobalOne. Partovi, now Chief Innovation & Strategy Officer at Philips, previously worked in similar roles at Amazon and Dignity Health. The latter company is responsible for health care in three U.S. states.
“In the United States, half of the hospitals ended last year in the red. We are seeing this trend happen all around the world. Countries spend 20 percent of their GDP on health care. AI can make health care more effective,” Hawkins said.
“There is a huge wealth of data but a huge lack of insights,” Patrovi adds. “AI can provide insights and turn all the endless Excel sheets into a kind of weather icon that clearly shows how a patient is doing.”
Closing the gap between medical knowledge and patient literacy
For example, he cites a recent study in which, based on 24 hours of heart rhythm data from a single sensor, it was possible to predict the patient’s risk of life-threatening heart failure within a fortnight. “Red means staying in the hospital longer. With green, the patient can go home. That’s how you go from data to meaning.”
There is also great potential in automating administration, which now claims 35 percent of the total work in healthcare. Hawkins: “In both the operational and clinical spheres, AI can greatly ease the workload.”
“AI makes it possible to bridge the gap between knowledge and patient literacy and provide insight into what’s going on. This is an opportunity we should not miss under any circumstances,” Partovi concluded.
‘We are all biological computers’
Talk about health. If you ask Finnish Teemu Arina, there is nothing more unhealthy than entrepreneurship. Ash-blond hair, uncontroversial opinions, and futuristic glasses: Arina has an impressive appearance. Ten years ago at TNW, he won the start-up pitch competition without signing up. “I got a wildcard for the finals, went on stage, and started breathwork. Then I juggled some apples and asked the audience if they also often felt they had to keep too many balls in the air.”
Ten years later, he feels ten years younger. How can that be? He biohacked his way to success. Biohacking is using technology to optimize your mental and physical health. Arina is an authority in this movement and even organizes his own Biohack Summit.
It started when Arina developed chronic ulcers at age 30. He dove into medical literature and established a health protocol based on a hundred biomarkers.
“After three months, I started feeling better physically, and my brain worked better than ever. We are all biological computers, and you can figure out how to best run your own system based on data. I’m busier than I was ten years ago, but I can handle more because I hacked myself. These kinds of conferences are a big theatre anyway. Investors pretend to have money, and start-ups pretend to have a product. Please stop wasting your time, and go biohack yourself.”