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The Economics of Artificial Intelligence: Health Care Challenges | NBER
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5 0z"></path> </g> </svg> </span></a> <a class="share__btn" target="_blank" title="Email" href="mailto:?subject=The Economics of Artificial Intelligence: Health Care Challenges&body=https://www.nber.org/news/economics-artificial-intelligence-health-care-challenges"> <span class="share__btn-text">Email</span><span class="share__btn-icon"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" width="24" height="24" viewBox="0 0 24 24"> <g> <path d="M20,4 L4,4 C2.9,4 2.01,4.9 2.01,6 L2,18 C2,19.1 2.9,20 4,20 L20,20 C21.1,20 22,19.1 22,18 L22,6 C22,4.9 21.1,4 20,4 L20,4 Z M20,8 L12,13 L4,8 L4,6 L12,11 L20,6 L20,8 L20,8 Z"></path> </g> </svg> </span></a> </div> </div> <div class="page-header__citation-info"> <time datetime="2024-03-25T12:00:00Z">March 25, 2024</time> </div> </div> </div> <div class="page-header__intro"><p><img data-entity-uuid="75dc6e40-612a-4cd9-9095-c2c39500a1b5" data-entity-type="file" alt="The Economics of Artificial Intelligence: Health Care Challenges Book cover" width="250" class="align-left lazyload" height="440" loading="lazy" data-src="/sites/default/files/inline-images/The%20Economics%20of%20Artificial%20Intelligence%20Health%20Care%20Challenges.jpg" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw=="><a href="https://www.nber.org/people/ajay_agrawal">Ajay Agrawal</a>, <a href="https://www.nber.org/people/joshua_gans">Joshua Gans</a>, <a href="https://www.nber.org/people/avi_goldfarb">Avi Goldfarb</a> and <a href="https://www.nber.org/people/catherine_tucker">Catherine Tucker</a>, editors. </p><p>In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, health care has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one fifth of the economy could escape the efficiency- and cost-driven disruptions of AI.</p><p><a href="https://www.nber.org/books-and-chapters/economics-artificial-intelligence-health-care-challenges">The Economics of Artificial Intelligence: Health Care Challenges</a><em> </em>brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry for AI in the health care sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives; management; data availability; regulation. </p><p>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.</p></div> </div> <div class="info-grid info-grid--horizontal"> <h2 class="info-grid__title">Related</h2> <div class="info-grid__grid"> <div class="info-grid__item"> <h3 class="info-grid__item-title">Topics</h3> <div class="info-grid__item-body"> <div class="info-grid__link-container"><a href="/topics/health-education-and-welfare" hreflang="en">Health, Education, and Welfare</a></div> <div class="info-grid__link-container"><a href="/topics/development-and-growth" hreflang="en">Development and Growth</a></div> <div class="info-grid__link-container"><a href="/taxonomy/term/656" hreflang="en">Innovation and R&D</a></div> <div class="info-grid__link-container"><a href="/topics/other" hreflang="en">Other</a></div> <div class="info-grid__link-container"><a href="/taxonomy/term/711" hreflang="en">Law and Economics</a></div> <div class="info-grid__link-container"><a href="/topics/industrial-organization" hreflang="en">Industrial Organization</a></div> <div class="info-grid__link-container"><a href="/taxonomy/term/606" hreflang="en">Firm Behavior</a></div> </div> </div> <div class="info-grid__item"> <h3 class="info-grid__item-title">Programs</h3> <div class="info-grid__item-body"> <div class="info-grid__link-container"><a href="/programs-projects/programs-working-groups/productivity-innovation-and-entrepreneurship" hreflang="en">Productivity, Innovation, and Entrepreneurship</a></div> </div> </div> <div class="info-grid__item"> <h3 class="info-grid__item-title">Working Groups</h3> <div class="info-grid__item-body"> <div class="info-grid__link-container"><a href="/programs-projects/programs-working-groups%23Groups/entrepreneurship" hreflang="en">Entrepreneurship</a></div> <div class="info-grid__link-container"><a href="/programs-projects/programs-working-groups%23Groups/innovation-policy" hreflang="en">Innovation Policy</a></div> </div> </div> </div> </div> <div class="subfooter"> <div id="block-morefromnber"> <section class="promo-grid promo-grid--3-up"> <h2 class="promo-grid__title">More from NBER</h2> <div class="promo-grid__summary"><p>In addition to <a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="aa95bd64-19e7-474c-97b9-3653432c0fec" href="/papers" title="Working Papers">working papers</a>, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the <a href="https://www.nber.org/reporter">NBER Reporter</a>, the <a href="https://www.nber.org/digest">NBER Digest</a>, the <a href="https://www.nber.org/bulletin-retirement-and-disability">Bulletin on Retirement and Disability</a>, the <a href="https://www.nber.org/bulletin-health">Bulletin on Health</a>, and the <a href="https://www.nber.org/bulletin-entrepreneurship ">Bulletin on Entrepreneurship</a> — as well as online <a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="97188331-2773-4610-bb94-690917cfc0f3" href="/conferences" title="Conferences">conference reports</a>, <a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="0ec23aba-ec14-4ae8-a2da-248c61d30874" href="/research/lectures" title="Lectures">video lectures</a>, and <a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="e248b7d8-f0f3-4fb0-a384-24620b4eeaab" href="/research-spotlights" title="Research Spotlights">interviews</a>.</p> </div> <div class="promo-grid__promos"> <div class="today-promo js-clickable-card is-clickable today_promo_video" data-href="/research/videos/2024-16th-annual-feldstein-lecture-cecilia-e-rouse-lessons-economists-pandemic"> <div class="today-highlight-image "> <img loading="lazy" src="/sites/default/files/styles/promo/public/2024-07/SI%202024%20Martin%20Feldstein.png?itok=iMIwiSar" width="800" height="450" alt="2024, 16th Annual Feldstein Lecture, Cecilia E. 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