WEF panellists at odds over regulation timing for AI-driven global health-care systems

During the 'Fixing Healthcare, Digitally' session at the World Economic Forum in Davos yesterday, experts discussed the extent to which regulations and safeguards should be implemented before societies adopt digital and AI transformations in health care.

WEF panellists at odds over regulation timing for AI-driven global health-care systems
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Artificial Intelligence (AI) has been a dominant topic discussed during the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland, this week, and its impact on health care is no exception.

On Wednesday, a session called “Fixing Healthcare, Digitally” featured a panel of five global leaders who discussed various ways they believe government and industry actors could “power the future of health” through more digitalization and AI.

The session was in connection with the globalist organization’s new initiative to “Advance Digital and AI-Driven Transformation of Healthcare Systems,” which was launched in partnership with America’s Boston Consulting Group on January 9.

The initiative seeks to accelerate public-private collaborations around digital health, AI and data.

On board with an eagerness to see health industries implement more AI-driven practices was the president and CEO of the Mayo Clinic, Gianrico Farrugia.

“It is a remarkable opportunity to transform health care, but we have to do it in a way that’s sustainable and for us,” said Farrugia while on the panel. Farrugia described some of the medical advantages connected to AI, particularly regarding the care of the heart, including assisting in diagnosing blood disorders more promptly.

While it’s clear that the field of AI offers a realm of possibilities regarding advantages to health-care practices, its high dependency on data input, among other things, has raised concerns about medical privacy in the health industry.

“What we’ve been advocating for is the fact that you cannot wait until every single legitimate concern has been unearthed,” said Farrugia, adding that “unless you embrace the fact that AI is truly an opportunity to transform healthcare, you will be missing out a lot.”

The Mayo Clinic CEO continued, telling the audience there is a “need to internally stand up and be able to self-regulate so that we can create an environment where AI can do what it’s supposed to do and what it can do, which is transform our current inability to deliver what our consumers want.”

Co-panellist Stella Kyriakides, who is the European Commissioner for Health and Food Safety, expressed a different take on the timing of and authority behind AI-related regulations when working with private industry.

“I think that it’s not an either-or situation,” said Kyriakides. “I believe that we can have all the potential that AI offers to us and have the guardrails in place.”

“I believe strongly that innovation is only important in that it reaches patients and that it is able to really offer what we want for patients,” Kyriakides added.

The “digital world in terms of health data is really where we need to be looking forward, and we really need to harness all of this potential to reach all the benefits of all the citizens and the patients.”

Kyriakides went on to describe a project the commission has been working on as part of efforts to create a European Health Union and build up Europe’s health-data space. The project seeks to join health units across European states so that professionals like doctors would be able to access their information across Europe as well as allow data to be used for other purposes.

“So much health data is out there. We saw it with COVID. We need to be able to pull this data so it can be used for innovation and research,” she added.

Last month, the European Union agreed on global guidelines for how AI should be governed in a piece of legislation called the Artificial Intelligence Act. The act includes guidelines on what should be banned, including certain types of social credit and facial recognition AI systems.

Rebel News sent a team of journalists to Davos to bring you reports you can trust about what the oligarchs and elites-first lobbyists may have in store for you in 2024.

To stay up to date with our coverage or to make a donation to help cover our expenses so we can be your eyes and ears for this WEF meeting, go to WEFreports.com.

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