How doctors and patients can win the 4th industrial revolution, and the 5th one too
Arlen Meyers, MD, MBA
President and CEO, Society of Physician Entrepreneurs, another lousy golfer, terrible cook, friction fixer
There are six technologies that are colliding in sick care. They represent the front lines of the 4th Industrial Revolution.
As reported, in the past few months, you may have noticed the 4G or LTE symbol on your phone screen change to 5G; now, digital health is making the network upgrade too. Last week, Emory Healthcare and Anthem announced they’re building the?first 5G lab?for patient-focused innovation. While the promise of 5G has been around for a while, partnerships like these will test how 5G connectivity—which turbocharges the speed and volume of data transferred over mobile networks—stands to improve key aspects of virtual care, including?remote monitoring,?digital therapeutics, and?real world evidence?for clinical trials. But even as clinicians prepare to adopt?new billing codes?for digital services, care gaps remain for patients who can’t access 5G or any sort of?broadband connection. As the adage goes, our digital health?infrastructure?is only as strong as its least-connected link.
The 4th Industrial Revolution is a mental model created by the leaders of the Joint Economic Forum and describes how physical, digital and biologic technologies have collided and the?resulting challenges and opportunities that presents.
In other words, think of it as the collision of man, machines,materials, data mining, memory capacity and mobile technologies.
When software, hardware, materials,biologic systems, cloud, AI/ML and other slicktech collides, it creates an interesting situation with certain highlights. Here are some challenges.
Three technologies exemplify the new landscape: new computing architectures, genetic engineering and materials science.
When the agrarian economy evolved into the industrial one, there were three phases that enabled humans to leverage their labor and productivity- those powered by water, electricity and computers/IT technologies. We are now living in the 4th revolution.
Like the industrial revolutions that preceded it , the 4th IR is seen as the cause of the medapocalypse while others see it as part of the creative destruction of the existing system that will result in a phoenix like ecosystem that will fundamentally change how medical care is created, delivered and funded.
Physician entrepreneurs, along with everyone else in the world, will have change how they adapt if they are to surthrive. Industry 4.0 holds the promise of a new era of globalization. Yet while our latest survey identifies companies successfully implementing Industry 4.0 technologies, many senior executives remain less prepared than they think they are.
Klaus Schwab has defined four principles which should guide our policy and practice as we progress further into this revolution.
Firstly, we must focus on systems rather than technologies, because the important considerations will be on the wide-reaching changes to business, society and politics rather than technologies for their own sake. The launch of 5G wireless is an example. While systems consist of people, systems don't care about people.
Example: Sick care cannot be fixed from inside and will depend on the coherence of diverse ecosystems. While STEM has been the buzzword, BMETAL-the convergence of Business, Medicine, Engineering, Technology, Arts and the Law- will be new paradigm for innovation education and training.
Secondly, we must empower our societies to master technologies and act to counter a fatalistic and deterministic view of progress. Otherwise, there is no room for optimism and positive transformation, and society’s agency is nullified. AI should scale humans, not replace them.
Example: We must change how we educate and train the future workforce. In medicine, that will require a re-engineering of workflow, competencies, structure and processes of delivering care as we evolve from a sick care system to a health care system. In addition, we need to address the socioeconomic divides that are contributing to the "deaths of despair", particularly in white males without a college degree. That will mean rethinking non-college career tracks and retraining programs that are not working.
Thirdly, we need to prioritize futures by design rather than default. Collaboration between all stakeholders must play a central role in how we integrate these transformative technologies. Otherwise, our future will be delivered by default. Winning the 4th industrial revolution is a wicked problem.
Example: Design thinking needs to place the patient and?doctors?first. We need to rethink how we educate and train students from P-20.
And lastly, we must focus on key values as a feature of new technologies, rather than as a bug. Technologies used in a way that increase disparity, poverty, discrimination and environmental damage work against the future we seek. For the investment in these technologies to be justifiable, they must bring us a better world, not one of increased insecurity, dislocation and exclusion.
Example: The 4th Industrial Revolution, like the 3 that preceded it, has already produced inequalities in value and wealth distribution that will exacerbate an already contentious global society.
We also need to be wary of the dark side of AI and answer How can we forecast, prevent, and (when necessary) mitigate the harmful effects of malicious uses of AI?
1. Policymakers should collaborate with researchers to prevent and mitigate malicious uses of AI.
领英推荐
2. Researchers and engineers should consider misuse and reach out to necessary parties when harmful applications are foreseeable.
3. Best practices should be developed for addressing dual-use concerns.
4. Developers should expand the range of stakeholders and experts in discussing these concerns.
Ultimately, winning the 4th sickcare industrial revolution will mean 1) reengineering the processes of care, 2) delivering user defined value, 3) doctors and patients saying "no" to unnecessary and wasteful spending as the price for access and quality and 4) creating the future of sickcare work and the sickcare workforce.
One key to winning the 4th industrial revolution is to speed the pace of digitization and robotics in sick care, not slow it, and do to sick care what it has done to financial services and retail.
The 4th industrial revolution will be won by those with skill sets beyond being a knowledge technician. Standardized, mass market products and services are rapidly giving way to much more specialized, creative products and services in a growing array of markets. Rather than viewing us as indistinguishable “customers,” product and service vendors are increasingly realizing that we are each a unique person with distinctive and evolving needs and that their success will depend on understanding and addressing these needs. Rather than trying to intercept us with ads, they will need to become so helpful to us that word will spread and we will seek them out. Creators, composers and coaches are in demand.
And, they are in demand around the world. Here’s a look at how three countries are combining technology and data to bring patient records into the fourth industrial revolution:
Higher education and medical education uses a failed business model.?Learning agility and adaptability are now paramount considerations in hiring. Recent neuroscience research suggests that humans may be built for lifelong learning. Business leaders report that social or behavioral skills are now the most in-demand skills with?80% of CEOs reporting talent is their number one concern. One hundred and twenty million people worldwide, with almost 12 million in the United States alone, will need retraining in both behavioral and technical skills. Higher education, including graduate professional education, the world’s workers are calling.?
The record scratches to a halt. Hang on a second?– you’re saying we are in the fifth industrial revolution now? What happened to the fourth?– the internet of things, connectivity, sensors, smart cities and digital twins? Are we past that already?
Industry 5.0 will be about the robotics we put inside ourselves?– bionic augmentation and the ‘internet of bodies’. It will be powered by purpose, not just profit.
Sickcare professionals can win the 4th industrial revolution by following their ABCs:
Attitudes about accepting that medicine is as much a business as an art
Behavior changes to adopt and adapt
Cultural change that balances conformity with creativity, cooperation, collaboration, and complex problem solving
Change is happening faster and it outpacing the ability of many to cope with it. Unless we take control and prepare people, including physician entrepreneurs and their patients?for the future, the cracks in our society will widen.
Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs on Substack and Editor of Digital Health Entrepreneurship
Marketer with start-up passion
4 年Amazing article! thank Arlen a lot.