Singularity University November 17, 2019
Vanessa Bates Ramirez

It’s not news that healthcare costs in the US are sky-high. What might be news to some, though, is that year over year, we’re spending more money to treat illness and disease, but getting less out of it.

According to Asif Dhar MD, Chief Informatics Officer at Deloitte, spending on diabetes alone went up by $75 billion in the five years from 2012-2017. Addiction—from alcoholism to prescription drugs to illegal drugs—costs Americans $740 a year in healthcare, crime, and lost productivity. The suicide rate in the US has gone up 33 percent in less than 2 decades; we’re 3 times more likely to kill ourselves than we are to be killed.

“Of the top ten reasons people die globally, five...

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