Is the Quantified Self the Future of Healthcare?

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I think in the short term it will be more fad than reality. I mean, it's incredibly cool, you just, you hear about these things that are floating through your blood stream that could be monitoring your risk for a heart attack, or a device a colleague of mine talks about a device that he was sometimes used that take except his brain waves while he's sleeping and wirelessly sends a message to his office staff so they can know whether he's going to be in a bad mood when he come in the morning.

I mean you hear that staff, you say wow that's pretty cool, is that the answer to a healthcare problem? I don't think so. It's going to be very interesting, it's going to be important. I think in a short term it's going to be used by a small segment of the population who are the early adopters of whatever the nunu thing is.

But, I think that's fine, I think there has to be this wash up where we see which one of this things really add value, and which one's of this things are just hype and kind of flavor of the month. Ultimately, I'm pretty convinced that the patient of the future will be embedded in the healthcare system of the future working with the doctor of the future.

And that will be taking advantage of patients, engagement in new ways. We'll be monitoring new flaws of data not all of which rely on the patient coming to my office so that I can look at them, take their blood pressure and draw their laboratory studies. And so how this all shakes out? I don't have any idea, and I don't think anyone yet has any idea.

The payment system has to shift as well. It's a matter of developing the technologies, and all the G-WIZ is part of that. But ultimately, we we have to figure out a payment system that says, there are incentives built in for the patients to do this work themselves, for the doctor and healthcare assistant build the air traffic control systems that pick up all these new data streams, and monitor them.

We also have to do some really hard work around setting the thresholds. And by that I mean when you walk into the cockpit of a modern airbus, or Boeing the technology is unbelievable. Everything is a computer, it's extraordinarily rich, and yet they have figured out a system that does not overwhelm the pilot with too much data.

The system basically manages by exception, when there's something out of work, it signals them in a way that makes it obvious what you have to attend to. The risk in a short term is we're going to be creating all of these data streams coming at you from a thousand angles, and from either the patient standpoint or doctors standpoint, it really seems like noise and figuring out signal to noise and weed versus [xx] is a huge undertaking, and I think we've only just began to scratch the surface on it.