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By 2025, 80 percent of the functions doctors do will be done much better and much more cheaply by machines and machine learned algorithms.
Vinod Khosla
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Vinod Khosla
Age: 69
Born: 1955
Born: January 28
Businessman
Businessperson
National Capital Region of Delhi
Machines
Cheaply
Function
Algorithms
Percent
Cheaper
Learned
Functions
Technology
Machine
Better
Entrepreneur
Done
Medicine
Much
Doctors
Techie
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The state of healthcare today is that we are busy in the practice of medicine vs. being in the science of medicine.
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The right way to build a company is to experiment in lots of small ways, so that you have plenty of room to make mistakes and change strategies.
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Electric cars are coal-powered cars. Their carbon emissions can be worse than gasoline-powered cars.
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Big data will replace the need for 80% of all doctors
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Future is not extrapolation of past
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If I collected all the diamonds in the world, I'd have no 'income' but I'd have a lot of 'assets'. Would my company be worth nothing because I have no income? A lot of Net companies are collecting assets. They have to be measured with a new set of metrics.
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Climate deniers are clearly the fringe group and need to see a proctologist to find their heads.
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Doctors can be replaced by software – 80% of them can. I’d much rather have a good machine learning system diagnose my disease than the median or average doctor.
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The world is hung up on food-based biofuels. Not only are they the wrong thing, they're the uneconomic thing.
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For electric power generation, we are very optimistic about solar-thermal technology, and we’re intrigued by the potential of enhanced geothermal energy to replace coal-based power generation. Traditional carbon capture and sequestration-based coal power generation is somewhat unlikely to be competitive.
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Not thinking it's possible is a failure of imagination.
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In the next 10 years, data science and software will do more for medicine than all of the biological sciences together.
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Spreadsheets are fiction. Believing in what you're doing and what you're building is what's important.
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Oil replacements and then efficiencies in engines and housing and the way we build houses is a very interesting market.
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Innovative, bottom-up methods will solve problems that now seem intractable—from energy to poverty to disease. Science and technology, powered by the fuel of entrepreneurial energy, are the largest multipliers of resources we have to solve our many social problems.
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Imagine the world of mobile based on Nokia and Motorola if Apple had not been restarted by a missionary entrepreneur named Steve Jobs who cared more for his vision than being tactical and financial.
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How would you compete against yourself?
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Certain food-based biofuels like biodiesel have always been a bad idea. Others like corn ethanol have served a useful purpose and essentially are obsoleting themselves.
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If you're going to re-invent healthcare you have to start from scratch.
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I don’t mind failing, but if I succeed it better be worth succeeding for.
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