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The Economics of Artificial Intelligence

Health Care Challenges
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Brief Description
A timely investigation of the potential economic effects, both realised and unrealised, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely... Read More
Format: Hardback
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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A timely investigation of the potential economic effects, both realised and unrealised, of artificial intelligence within the United States healthcare system.

In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry representing nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI.

The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, as well as scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyse barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Series: National Bureau of Economic Research Conference Report

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  • The Economics of Artificial Intelligence
    A timely investigation of the potential economic effects, both realised and unrealised, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry representing nearly one-fifth of the economy could escape the efficiency and...
    Hardback
    $18099
    Available
    Ships in 3-4 weeks
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    Using the latest empirical and conceptual research for readers in economics, business, and policy, this volume surveys the key components of innovation policy and the social returns to innovation investment. In advanced economies like the United States, innovation has long been recognized as a central force for increasing economic prosperity and human welfare. Today, the US government promotes innovation through...
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Book Details

INFORMATION

ISBN: 9780226833118

Publisher: The University of Chicago Press

Format: Hardback

Date Published: 14 March 2024

Country: United States

Imprint: University of Chicago Press

Illustration: 10 line drawings, 8 tables

Contributors:

  • Edited by Joshua Gans
  • Edited by Ajay Agrawal
  • Edited by Avi Goldfarb
  • Edited by Catherine E. Tucker

Audience: Professional and scholarly

DIMENSIONS

Spine width: 23.0mm

Width: 152.0mm

Height: 229.0mm

Weight: 399g

Pages: 192

About the Author

Ajay Agrawal is professor of strategic management and theΒ Geoffrey Taber Chair in Entrepreneurship and InnovationΒ at the University of Toronto. Joshua Gans is professor of strategic management and the Jeffrey S. Skoll Chair in Technical Innovation and Entrepreneurship at the University of Toronto. Avi GoldfarbΒ is the Rotman Chair in Artificial Intelligence and Healthcare and professor of marketing at the University of Toronto. Catherine E. Tucker is the Sloan Distinguished Professor of Management Science at MIT Sloan.

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