Challenges in Health Care Economics Related to Artificial Intelligence

New Book Examines the Potential for Artificial Intelligence in Healthcare: Challenges and Opportunities

As the healthcare industry continues to grow in size and importance, it is no surprise that artificial intelligence (AI) is beginning to play an increasingly significant role in its operations. While much attention has been paid to the impact of AI on other sectors of the economy, the healthcare industry has largely remained untouched by these discussions. However, as with any major economic force, it is likely that healthcare will not be immune to the efficiencies and cost savings that AI can bring.

To better understand the potential for AI in healthcare, a new book titled “The Economics of Artificial Intelligence: Health Care Challenges” has been published, edited by Ajay Agrawal, Joshua Gans, Avi Goldfarb, and Catherine Tucker. The book brings together a diverse group of contributors including health economists, physicians, philosophers, and scholars in law, public health, and machine learning.

In this volume, the contributors explore the primary barriers to entry for AI in healthcare, including incentives, management, data availability, and regulation. Through original papers and responses from experts in these fields

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