a16z Podcast

Baumol's Cost Disease, in Healthcare... and Where We Go Next

Jan 6, 2021

In this engaging discussion, Vijay Pande, a general partner at Andreessen Horowitz with a focus on biotechnology, shares his insights on the persistent challenges of Baumol's cost disease, particularly in healthcare. He and Marc Andreessen explore how technology has transformed other industries yet struggles in healthcare. They illustrate the potential of AI to reshape costs and quality, comparing innovative health apps to entertainment platforms. The conversation also touches on consumer influence in the healthcare landscape and the role of personal choices in improving health outcomes.

30:01

Creator website

Episode guests

Vijay Pande

AI Chapters

Episode notes

Intro

3min

Understanding Baumol's Cost Disease

9min

The Economic Impact of Industrialization: From Shoes to Healthcare

2min

The Future of Healthcare: Tech-Driven Transformation

14min

The Intersection of Technology and Healthcare: Improving Well-Being Through Apps

2min

If software’s eating the world -- and more specifically, bringing costs down and increasing productivity through entire industries -- why have some industries, like healthcare, been so resistant? And what could the future look like once technology really gets in?

With a16z co-founder -- and author of the now nearly decade-old thesis of “software eating the world” -- Marc Andreessen, in conversation with a16z bio general partner Vijay Pande. This episode originally ran on our show Bio Eats World, but we’re sharing it here in the new year as it’s very relevant for ANYone interested in, well, the future of software eating the world;)

https://a16z.com/2020/12/14/cost-disease-healthcare-baumol/

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