Atul Butte warns engineering founders against misinterpreting healthcare inefficiencies as simple friction, emphasizing that incumbents deliberately protect their revenue streams.
“Friction is the wrong model for what needs to get fixed in the healthcare system. It's resistance. Somebody makes every dollar in the 3.2 trillion dollar economy here. They like making that money.”
quote is from the automated transcript, cleaned for reading:
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More from Atul Butte
Insight
Butte: Pitching AI as a doctor replacement immediately alienates healthcare customers
“I think there are other kind of silly things that companies do sometimes that are unnecessary, like say things like physicians are going away, right, with AI and deep learning. Yeah, the greatest way to Make us not want to accept your product, right? That kind…”
Atul ButteJan 2, 2019▶ 4:12a16z Podcast | Breaking Into Bio
Insight
Butte: Healthcare startups should target community hospitals before Stanford or UCSF
“There are other hospitals around here, medical systems and practices that are not Stanford and UCSF, and that's the first account you should try to get, not Stanford and UCSF.”
Atul ButteJan 2, 2019▶ 5:35a16z Podcast | Breaking Into Bio
Insight
Butte: Early-stage healthcare startups cannot serve both payers and providers
“Either you're going to go after providers or payers. You're rarely going to do both as a startup.”
Atul ButteJan 2, 2019▶ 34:08a16z Podcast | Breaking Into Bio
Disclosure
Butte: I forbid my academic lab members from entering ML competitions
“I forbid anyone in my lab to enter those competitions, because that's playing someone else's game.”
Atul ButteJan 2, 2019▶ 25:05a16z Podcast | Breaking Into Bio
Opinion
Butte: Small nation healthcare datasets deliver less impact than the US market
“Yeah, you could go to Estonia and Denmark and all these great places that have great data sets, but they're also small, and for impact, they may not have the same impact As it would have in our crazy healthcare non-system here.”
Atul ButteJan 2, 2019▶ 40:22a16z Podcast | Breaking Into Bio
Opinion
Butte: Skin mole AI apps tackle easy problems, ignoring complex medicine
“Deep learning of moles, cancer. Because that seems like a very intuitive kind of problem, but that's an easy one. We have many, many harder problems in biology medicine, but they take time to learn, so you have to be patient.”
Atul ButteJan 2, 2019▶ 1:35a16z Podcast | Breaking Into Bio
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