Challenges in Health Care Economics Related to Artificial Intelligence

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AI has been widely discussed in relation to various sectors of the economy, with healthcare often overshadowed. However, as healthcare accounts for a significant portion of the economy, it is unlikely that it will remain immune to the efficiencies and cost savings that AI can bring. “The Economics of Artificial Intelligence: Health Care Challenges,” edited by Ajay Agrawal, Joshua Gans, Avi Goldfarb, and Catherine Tucker, brings together an eclectic group of contributors including health economists, physicians, philosophers, and scholars in law, public health, and machine learning. The book explores the primary barriers to entry for AI in healthcare and how it can improve outcomes and reduce costs through original papers and responses from experts. It highlights the importance of understanding both the benefits and challenges of AI adoption in healthcare to inform policy decisions that will shape the future of the healthcare system.

By Riley Johnson

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