Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

Part 2 of 2 - Which Emerging technology should ALL Entrepreneurs know about right now? #shorts

17 Apr 2024 · 1 min

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In this short monologue, Tim Draper argues that artificial intelligence will fundamentally reshape healthcare by merging diagnostics and therapeutics into bespoke, patient‑specific solutions. He claims AI will enable precise diagnoses paired with tailored treatments, undermining the traditional one‑size‑fits‑all drug model of Big Pharma. Draper also predicts a shift from profit‑driven therapies toward AI‑generated cures, which could upend the economic foundations of the pharmaceutical industry. He concludes by stating his personal motivation: he entered healthcare because he believes AI will transform the sector more than any other industry.

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But the doctor will only need to get involved when the artificial intelligence has its limitations. And I don't think there are gonna be very many limitations to the artificial intelligence. In fact, you're gonna see the diagnostics and the therapeutics start to merge specifically for you. So it'll be bespoke diagnostics and therapeutics. They're gonna diagnose you and they're gonna give you specific therapeutics. Now, the drug companies aren't gonna like this because they are a one-size-fits-all drug. All of the new medicine will all be built around this. New concept, and it's very exciting. The other thing that's really interesting is that we're going to have cures, and I know that Big Pharma has been making all their money through therapies, not cures. And so that's going to change the whole nature of the economic around health. So a lot of interesting things happening. I got into healthcare because AI, I think, is going to transform healthcare more than almost any other industry.