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The Economist Healthcare Information Economy Challenge

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The Ideas Economy: Information 2011

The Economist

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Partner:: Economist
Location:: Santa Clara Convention Center
Santa Clara, CA
Event Date:: 06.07.11
Speakers:: Daniel Castro,; Mike Driscoll,; Daniel Kraft,; Tim O'Reilly,; Vijay V. Vaitheeswaran
Tags:: health; Technology

Summary: The Economist-InnoCentive healthcare information economy challenge: An interview with the winning solver

DANIEL CASTRO
Senior Analyst, Information Technology and Innovation Foundation

Interviewer:

VIJAY VAITHEESWARAN
Global Correspondent, The Economist

The era of big data presents incredible opportunities -- smarter cities, stronger companies, faster medicine -- but just as many challenges. Storage is scarce, systems overloaded, governments and businesses know too much. The world now contains unimaginably vast amounts of digital information, which is growing exponentially. Managed well, this data can be used to engineer new engines of economic value, unlock scientific breakthroughs, and hold politicians accountable. Managed poorly, it can cause great harm.

The financial crisis showed that complex models that analyze large quantities of data do not always reflect financial risk in the real world. The financial crisis was sparked by big data -- and there will be others. But the data deluge will also generate millions of new ideas for how to solve big problems, build new markets, and expand existing ones. Ideas Economy: Information is a fresh look at knowledge management for the information age.

The Economist will bring together theorists, strategists, and innovators who understand how to harness data to create value and advance individual, corporate, and social good. We will sift through the vast quantities of current thinking on data to uncover the best ways forward. And we will apply the lessons of the Ideas Economy, about innovation, human capital, and intelligent infrastructure, to uncover new sources of growth and accelerate human progress across the globe.

Bio

Daniel Castro

Daniel Castro is a senior analyst with the Information Technology and Innovation Foundation (ITIF), a non-profit think tank in Washington, D.C. His research focuses on issues relating to technology and the information economy, including data privacy, information security, e-government, electronic voting, accessibility and health IT. He has experience in the private, non-profit and government sectors. Before joining ITIF, Mr. Castro worked as an IT analyst at the U.S. Government Accountability Office (GAO) where he audited IT security and management controls at various government agencies. He contributed to GAO reports on the state of information security at a variety of federal agencies, including the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). He has a B.S. in Foreign Service from Georgetown University and an M.S. in Information Security Technology and Management from Carnegie Mellon University.

Mike Driscoll

Michael E. Driscoll has a decade of experience developing large-scale databases and predictive algorithms for digital media, financial, and life sciences firms. He is the CTO and co-founder at Metamarkets and Chairman of Dataspora, a big data & analytics consultancy he founded in 2007. Previously, he founded the online retailer, CustomInk.com, and worked as a software engineer for the Human Genome Project. Michael holds a Ph.D. in Bioinformatics from Boston University and an A.B. from Harvard College.

Daniel Kraft

Daniel Kraft, MD, Stanford Medical Center and Singularity University. Kraft is a partner at Proteus Venture Partners.

Tim O'Reilly

Tim O’Reilly is founder and CEO of O’Reilly Media, thought by many to be the best computer book publisher in the world. O’Reilly also hosts conferences, including the O’Reilly Open Source Convention, Strata Online Conference, and Tools of Change for Publishing Conference. O’Reilly’s MAKE magazine and Maker Faire have been compared to the West Coast Computer Faire, which launched the personal computer revolution. O’Reilly is also a partner at O’Reilly AlphaTech Ventures, an early stage venture capital firm, and is on the board of Safari Books Online. He watches the alpha geeks to determine emerging technology trends and uses his platform for advocacy about issues of importance to the technical community.

Vijay V. Vaitheeswaran

Vijay V. Vaitheeswaran is an award-winning journalist, author, and public speaker. The Financial Times recently proclaimed him to be “a writer to whom it is worth paying attention.” A 20-year veteran of The Economist, he is currently the magazine’s China business and finance editor. Kirkus Reviews has called Need, Speed, and Greed, Vaitheeswaran’s new book on global innovation, “the perfect primer for the postindustrial age.” He is a life member at the Council on Foreign Relations and advisor to the World Economic Forum. His commentaries have appeared on NPR and the BBC, and in The Wall Street Journal and The New York Times.

Incentives Wrong for Electronic Medical Records

02 min 14 sec

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Daniel Castro explains that in order for electronic medical records to attain widespread adoption, the cost of implementing them must be shifted away from doctors.
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36 min 14 sec

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