AI and Healthcare Regulation vs Deregulation of AI in Healthcare
Jun 13, 2025
In this engaging discussion, Colleen Lyons, a clinical research ethicist at Champlain College, delves into the ethical implications of AI in healthcare. She and Mika Newton, CEO of xCures, warn about the risks of rapid innovation without adequate oversight. They highlight the dangers of deregulation while also addressing the hurdles of over-regulation. Explore how to navigate the complex VUCA landscape of AI, the need for ethical frameworks, and the importance of adaptive leadership in integrating transformative technologies into healthcare.
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Regulation Stifles Innovation
- Highly deregulated markets can foster rapid innovation due to less regulatory capture.
- Excessive regulation can stifle innovation by creating too much red tape, hindering new entrants.
Dot-com Crash Lessons
- The dot-com boom led to a massive $5 trillion market cap crash fueled by hype and lack of profit.
- It was followed by compliance-driven laws like Sarbanes-Oxley, but also a tendency toward checkbox compliance without real ethical engagement.
Beyond Compliance: Embed Values
- Relying only on legal compliance will not sustain an organization; values must complement regulations.
- Embedding ethical frameworks beyond checkbox exercises is essential for survival in AI-driven healthcare.