Bill to Ban Private Equity from Owning Medical Practices
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Unofficial Hacker News client; not affiliated with Y Combinator.
Bill to Ban Private Equity from Owning Medical Practices
Unofficial Hacker News client; not affiliated with Y Combinator.
naveen99 · · focus · HN ↗
Buttons840 · · focus · HN ↗
Private Equity can afford to have people sitting around all day figuring out tricks and optimizations to save a buck here and there, and this is a power imbalance because the plebs care about things like spending time with their family, and they don't spend all their time trying to save a buck.
Maybe one day the AIs will optimize for us while we spend time with our families. And if a new vet opens that costs $15 less, the AI will route customers to the new business, driving prices down, until we reach 0 profit margin across all industries.
There's probably like a 10 trillion dollar incentive to not allow AI to truly work on behalf of individuals though, so we'll see what happens. For instance, just look at the ad industry alone; if AIs are shopping truly on behalf of individuals, and this becomes wide spread, then the ad industry is just gone.
naveen99 · · focus · HN ↗
Vets see animals, not humans.