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a16z Podcast

Super Staffing Healthcare, Codifying Compliance, & Scaling Services

a16z Podcast

a16z

Science, Innovation, Business, Entrepreneurship, Culture, Disruption, Software Eating The World, Technology

4.41.1K Ratings

🗓️ 30 December 2024

⏱️ 52 minutes

🧾️ Download transcript

Summary

As we prepare to step into 2025, the possibilities for applied AI are reshaping industries in profound ways. In this episode, a16z General Partners Julie Yoo and Angela Strange, and Partner Joe Schmidt, dive into the transformative power of AI across healthcare, fintech, and traditional service sectors. We explore: Super Staffing for Healthcare: How AI can address critical clinical labor shortages and augment care delivery at scale. Regulation Becomes Code: The potential for AI to simplify and streamline compliance, making systems safer and more efficient. Romanticizing Inorganic Growth: The opportunity for AI-powered startups to redefine service industries through workflow automation and strategic acquisition. With insights from a16z’s Bio + Health, Fintech, and Apps teams, this episode unpacks the ideas that will revolutionize traditional systems and unlock opportunities in 2025. Check out the full 50 Big Ideas for 2025 at a16z.com/bigideas.

Transcript

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0:00.0

Upwards of 300,000 clinicians left the workforce in the year 2021.

0:05.0

The large banks right now, up to 15% of their staff, is just in compliance.

0:10.0

You go from having 5% net margins to 30% net margins.

0:14.0

We've just never seen the rate of technology adoption that we're seeing now ever in the history of healthcare.

0:20.0

If you don't do this right and you don't figure out like a very repeatable motion for

0:24.2

these smaller acquisitions, it's going to be really challenging to build a big company.

0:27.5

How long are we willing to wait to solve this problem?

0:30.2

The everyday person should really care about this.

0:33.0

Hello everyone and welcome back to our big ideas series.

0:36.0

We're sheer hours away from 2025, which will mark nearly 22 years since the Human Genome

0:42.6

project was completed, 21 years of Gmail, 19 years of Twitter, 15 years of Instagram,

0:48.8

and even 17 years of the App Store, which released 500 apps when it first came out,

0:59.0

and now has millions of apps that have generated developers over a trillion dollars. It's been a wild ride, and that ride is far from over.

1:03.0

And that's why our partners who meet daily with the folks who are building our future are sharing their big ideas for 2025.

1:12.6

Last year, we predicted... A new age of maritime exploration.

1:15.3

Programming medicine's final frontier.

1:17.6

AI post schemes that never act.

1:20.3

Democratizing miracle drugs.

1:22.6

And so far in this year's series, in part one, we covered the growing hardware software

1:26.9

intersection.

1:27.8

And in part two, how large companies and startups are fighting for AI dominance, but also how

1:33.1

countries are thinking about its impact on their sovereignty. Today, we talk applied AI,

...

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