Pascal Bornet talks to us about Intelligent Automation (IA) and the Promise Of A Better Life
In 2018 alone, over $5 trillion (6% of global GDP) was lost due to fraud. The economic value of medical errors in the US is almost $1 trillion; 86% of those are administrative. A 2017 Medliminal Healthcare Solutions study found that 80% of US medical billings contain at least minor errors — creating unnecessary annual health care spending of $68 billion. An ILO report “estimates that the annual cost to the global economy from accidents and work-related diseases alone is a staggering $3 trillion.” Making it a total of $10 trillion.
Assuming we can save half of that through the deployment of IA. It means:
- Global budgets allocated to education could more than double
- Global healthcare budgets could be increased by more than 70%
- Environmental investments could be multiplied almost twentyfold
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