This commentary shows the exponential growth of digital health and the accompanying explosion of health data.It discusses three major shifts in the global health landscape.The first will be the move of the big tech co...This commentary shows the exponential growth of digital health and the accompanying explosion of health data.It discusses three major shifts in the global health landscape.The first will be the move of the big tech companies into healthcare,the second will be the monetization of consumer data and the creation of health data marketplaces;and the third will be the growth of Asia as a leader in digital health.Big tech already has the advantage of a massive consiuner base,data and analytics which enable them to understand consumers;and complementary technologies,like wearables,that will drive the consumerization of healthcare.This expansion can happen quickly and already is creating challenges for regulators as they try to catch up.The vast volumes of data and the ability of technology such as blockchain to enable data owners to monetize their data,will lead to the development of health data marketplaces,which can connect and monetize data for data owners and make it available for scientific discovery.The developments in self-sovereign identity,will make it possible for individuals to monetize their health data in the future.Finally,we see the emergence of Asia as a powerhouse for the digital health of the future,with vast populations,mobile technology and increasing adoption of wearable devices.Consumer focused health care driven by data will change the institutional models of the past.展开更多
Significant technological trends are impacting health care,from consumerisation,datafication,circular economy,and platformization of services.Web 3.0,or the Internet of Value,enables direct peer-to-peer value exchange...Significant technological trends are impacting health care,from consumerisation,datafication,circular economy,and platformization of services.Web 3.0,or the Internet of Value,enables direct peer-to-peer value exchange,opening up new business models that will impact health care.Among the many technologies that will also be part of the healthcare transformation is artificial intelligence,which shocked the world with the debut of ChatGPT in 2022.This opinion piece will explore how AI underpins the health transformation and,far from being an enemy of health,is the critical friend health care has been waiting for.展开更多
Propelled by a combination of policy enablers,increasing investments,and the COVID-19 pandemic,the global financial technology(fintech) industry has entered a period of rapid growth in recent years.Yet it is important...Propelled by a combination of policy enablers,increasing investments,and the COVID-19 pandemic,the global financial technology(fintech) industry has entered a period of rapid growth in recent years.Yet it is important to note that poor regulation and weak supervision might produce risks and shocks to financial stability,business competition,social equity,and environmental resources.The encouraging approach toward fintech development adopted by major global economies over the past decade has ignored regulation to varying degrees,resulting in unbalanced and inadequate supervision,which has been falling short of meeting public concerns effectively.Since 2019,international discussions on how to regulate fintech have become more and more heated.It has been widely agreed that,to regulate fintech effectively,three pillars must be established—data,competition,and financial regulatory rules.Given the increasing challenges posed by large technology firms (big techs)to financial regulation,this paper proposes to prioritize entity-based regulation,with a focus on reforming the rules concerning operational resilience and competition.China should keep a close eye on international trends and learn to devise appropriate rules for entity-based regulation,which will prove necessary to guide the steady,sound,and sustainable development of its fintech industry.展开更多
文摘This commentary shows the exponential growth of digital health and the accompanying explosion of health data.It discusses three major shifts in the global health landscape.The first will be the move of the big tech companies into healthcare,the second will be the monetization of consumer data and the creation of health data marketplaces;and the third will be the growth of Asia as a leader in digital health.Big tech already has the advantage of a massive consiuner base,data and analytics which enable them to understand consumers;and complementary technologies,like wearables,that will drive the consumerization of healthcare.This expansion can happen quickly and already is creating challenges for regulators as they try to catch up.The vast volumes of data and the ability of technology such as blockchain to enable data owners to monetize their data,will lead to the development of health data marketplaces,which can connect and monetize data for data owners and make it available for scientific discovery.The developments in self-sovereign identity,will make it possible for individuals to monetize their health data in the future.Finally,we see the emergence of Asia as a powerhouse for the digital health of the future,with vast populations,mobile technology and increasing adoption of wearable devices.Consumer focused health care driven by data will change the institutional models of the past.
文摘Significant technological trends are impacting health care,from consumerisation,datafication,circular economy,and platformization of services.Web 3.0,or the Internet of Value,enables direct peer-to-peer value exchange,opening up new business models that will impact health care.Among the many technologies that will also be part of the healthcare transformation is artificial intelligence,which shocked the world with the debut of ChatGPT in 2022.This opinion piece will explore how AI underpins the health transformation and,far from being an enemy of health,is the critical friend health care has been waiting for.
文摘Propelled by a combination of policy enablers,increasing investments,and the COVID-19 pandemic,the global financial technology(fintech) industry has entered a period of rapid growth in recent years.Yet it is important to note that poor regulation and weak supervision might produce risks and shocks to financial stability,business competition,social equity,and environmental resources.The encouraging approach toward fintech development adopted by major global economies over the past decade has ignored regulation to varying degrees,resulting in unbalanced and inadequate supervision,which has been falling short of meeting public concerns effectively.Since 2019,international discussions on how to regulate fintech have become more and more heated.It has been widely agreed that,to regulate fintech effectively,three pillars must be established—data,competition,and financial regulatory rules.Given the increasing challenges posed by large technology firms (big techs)to financial regulation,this paper proposes to prioritize entity-based regulation,with a focus on reforming the rules concerning operational resilience and competition.China should keep a close eye on international trends and learn to devise appropriate rules for entity-based regulation,which will prove necessary to guide the steady,sound,and sustainable development of its fintech industry.
