The Transformative Impact of AI on Healthcare: Challenges and Opportunities

Challenges in Health Care Economics and Artificial Intelligence

The impact of artificial intelligence on various sectors of the economy has been widely discussed, but the healthcare industry has often been overlooked in these conversations. However, it is clear that a sector that makes up nearly one fifth of the economy will not be able to avoid the disruptive effects of AI, driven by efficiency and cost considerations.

To better understand the challenges and opportunities associated with the adoption of AI in healthcare, experts from diverse fields such as health economics, medicine, philosophy, law, public health, and machine learning have come together to examine the primary obstacles in four key areas: incentives, management, data availability, and regulation. In doing so, they provide valuable insights into how policies can be shaped to guide the evolution of the healthcare system.

“The Economics of Artificial Intelligence: Health Care Challenges” edited by Ajay Agrawal, Joshua Gans, Avi Goldfarb, and Catherine Tucker is a comprehensive examination of these challenges. Through original research papers and comprehensive responses from experts in their respective fields

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