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SteadyTrade

How AI Will Change the $8 Trillion Healthcare Industry

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 17 July 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

The healthcare industry as we know it today will be unrecognizable a decade from now… Several technological breakthroughs are coming together to upend one of the largest industries in the world. And one of the biggest culprits is artificial intelligence (AI). On today’s episode of the SteadyTrade Podcast, Tim Bohen and Matt McCall dive into some of the biggest implications that AI will have on the future of the healthcare industry. It currently takes about 10 years and more than $1 bill...

Transcript

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0:00.0

Welcome back to the State

0:09.5

Trade podcast, everyone.

0:11.1

Got a really cool topic,

0:12.4

something that's right in my wheelhouse.

0:14.4

You know, Matt presented this one to me,

0:15.7

and I was like, thumbs up, maybe.

0:17.3

So it's really kind of a combination of two things that,

0:22.6

sure a lot of you know I'm a I'm a very bullish on big believer and you know the topic is I'll actually just read what what Matt put at the

0:29.1

top of the eye of the notes because I love it. How AI will drastically change the $8 trillion

0:34.8

health care industry. Okay. So what I love about that is AI is in there. And we're also

0:40.4

talking about a massive amount of money, which when you're talking a lot of money, that moves stocks.

0:45.6

It moves penny stocks for day trades. It moves swing trades. It moves investments. So I always get

0:51.2

excited when you see something like that with not just, you know, technology behind it, but also the money behind it because that's what ultimately moves the stocks.

1:00.3

Now, the reason I'm so excited about this is many of you know I talk about a lot on the webinars and on the podcast and actually Matt too.

1:08.0

We're both, I would call, you know, middle of the road biohackers.

1:12.3

Like we're not crazy like a Peter Diamandis or a Ray Kurzweil taking 500 pills a day,

1:17.1

trying to live to 200. But, you know, we do take a lot of things that like if you go to your doc,

1:24.4

okay, your primary care health care official or whatever it's called,

1:28.9

you know, they would be like, what's this? Never heard of this. Never heard of this. And, you know,

1:33.8

I've seen massive benefits. Actually, I'll probably, Matt, you'll probably talk about it. But

1:37.8

I started this a little over a year ago. And my blood work was decent, not terrible,

1:43.4

decent. But in this last year, like my blood work is decent not terrible decent but in this last year like my blood work

...

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