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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: RaplhCramden 🐝  😊 😞
Number: of 21944 
Subject: Re: OT: The Future and AI
Date: 10/02/24 2:49 PM
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I don't believe AI will change this in the near future for three reasons. First are problems around medical record access and portability, and resistance to that is well deserved. Given the chance, insurers have not earned a lot of trust for secure or ethical use of data. Second would be liability, because automated (mis)diagnosis is a fear to overcome and challenge to insure. Third is what I'd call the "so what?" problem and it applies equally to radiology as cardiology. Whether a doctor, a classical algorithm, or AI accurately diagnosed you with a condition, somebody would still have to treat it and pay the treatment, and the US has a problem delivering and allocating medical treatment. AI diagnosing a metastatic tumor is not going to materialize the money for chemotherapy or a nearby hospital where it can be administered.

I suppose it depends on what "the near future" means, exactly. I would predict many doctors will be using AI assistants to improve their diagnoses probably immediately. I would predict (just pulling it out of my butt) that there will be medical chat products available to doctors within 3 years.

Further, I would predict that there will be AI "physician's assistants" for use in the poor part of the third world within something like 3 years. And perhaps the way they will be used is that regular RNs will be able to handle with some confidence some significant fraction of medical situations which would have killed those poor people when they were unable to see a real doctor about those conditions.

I should probably be trying to develop a "training set" for AI that would allow an AI to do some portion of my job (currently as an RF engineer). I might be able to sell a few copies when I am able to couple that training set to GPT5 or whatever the next version is called.

R:
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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