We now turn to the Healthcare business in our Creative Destruction 7 Act Play series.
Healthcare accounts for about 15% of GDP in America. This is very, very big business. We have also seen that Healthcare is one market that is spending serious money on Ontology development; so it matters in our Semantic Web world. Healthcare also matters to all of the 6 billion people on this planet. So, this is a big subject. It is hard to do it justice, but I will try!
Lots of money does not equate to outcomes as this chart from National Geographic shows:

That line way up to the left that is literally “off the charts” is how much America spends. And we live about as long as everybody else. So that chart really introduces this series by emphasizing;
• 1. There is a lot of money at stake.
• 2. More importantly, healthcare determines how long you will live a healthy life.
• 3. 1 & 2 are not as well correlated as they should be – “could do better”.
• 4. Better knowledge dissemination could impact the healthcare outcome (ie how long we will live a healthy life) and Semantic Web is certainly going to play a big part in knowledge dissemination.
We now turn to the Healthcare business in our Creative Destruction 7 Act Play series.
Healthcare accounts for about 15% of GDP in America. This is very, very big business. We have also seen that Healthcare is one market that is spending serious money on Ontology development; so it matters in our Semantic Web world. Healthcare also matters to all of the 6 billion people on this planet. So, this is a big subject. It is hard to do it justice, but I will try!
Lots of money does not equate to outcomes as this chart from National Geographic shows:

That line way up to the left that is literally “off the charts” is how much America spends. And we live about as long as everybody else. So that chart really introduces this series by emphasizing;
• 1. There is a lot of money at stake.
• 2. More importantly, healthcare determines how long you will live a healthy life.
• 3. 1 & 2 are not as well correlated as they should be – “could do better”.
• 4. Better knowledge dissemination could impact the healthcare outcome (ie how long we will live a healthy life) and Semantic Web is certainly going to play a big part in knowledge dissemination.
Read more