#healthcare big data industry
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healthtechnews · 11 months ago
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techdriveplay · 5 months ago
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Why Quantum Computing Will Change the Tech Landscape
The technology industry has seen significant advancements over the past few decades, but nothing quite as transformative as quantum computing promises to be. Why Quantum Computing Will Change the Tech Landscape is not just a matter of speculation; it’s grounded in the science of how we compute and the immense potential of quantum mechanics to revolutionise various sectors. As traditional…
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techtoio · 9 months ago
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Emerging Tech Trends in the Internet of Things (IoT)
Introduction
The Internet of Things (IoT) is transforming our world by connecting devices and enabling smarter, more efficient interactions. In everything from smart homes to industrial automation, the IoT is leading a revolution in our living and working environments. In this article, TechtoIO explores the emerging tech trends in IoT, highlighting the innovations and advancements that are shaping the future. Read to continue link
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123567-9qaaq9 · 1 year ago
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Big Data Healthcare Market | BIS Research
In today's world, data is king. Industries across the board are leveraging the power of data to drive decision-making, streamline processes, and innovate in ways never before imagined. Nowhere is this more evident than in the healthcare sector, where the utilization of big data is revolutionizing patient care, research, and operational efficiency. The Big Data Healthcare Market Report offers a comprehensive glimpse into this burgeoning field, exploring its current landscape, trends, challenges, and future prospects.
The global big data in healthcare market amounted to $11.45 billion in 2016 and is expected to witness a double-digit growth throughout the forecast period of 2017-2025.
Understanding the Big Data Healthcare Market
The Big Data Healthcare Market encompasses a wide array of technologies, solutions, and services aimed at harnessing the immense volume, variety, and velocity of healthcare data. This includes electronic health records (EHRs), medical imaging, wearable devices, genomics, and more. The market is driven by the increasing digitization of healthcare data, coupled with advancements in data analytics, machine learning, and artificial intelligence (AI).
Key Trends Shaping the Landscape
Several key trends are shaping the Big Data Healthcare Market:
Predictive Analytics: Healthcare providers are increasingly using predictive analytics to forecast patient outcomes, identify at-risk populations, and personalize treatment plans. By analyzing historical data and real-time inputs, predictive models can help improve clinical decision-making and preventive care.
Precision Medicine: Big data analytics is instrumental in the advancement of precision medicine, which tailors medical treatment to individual characteristics such as genetics, lifestyle, and environment. By analyzing large datasets, researchers can identify biomarkers, understand disease pathways, and develop targeted therapies.
Real-Time Monitoring: Wearable devices and remote monitoring technologies generate vast amounts of real-time health data. Big data analytics enable healthcare professionals to monitor patients remotely, detect anomalies, and intervene proactively, thereby improving patient outcomes and reducing healthcare costs.
Population Health Management: Big data analytics play a crucial role in population health management, enabling healthcare organizations to identify patterns, trends, and disparities within populations. By segmenting populations based on risk factors and healthcare needs, providers can implement targeted interventions to improve population health and reduce disparities.
Challenges and Opportunities
While the potential of big data in healthcare is vast, it is not without its challenges. Data privacy and security concerns, interoperability issues, and the complexities of data integration are among the primary hurdles facing the industry. Moreover, the sheer volume and variety of healthcare data present challenges in terms of storage, processing, and analysis.
However, these challenges also present opportunities for innovation and growth. As technology continues to advance, solutions for data interoperability, privacy, and security are emerging. Furthermore, the integration of big data analytics with emerging technologies such as blockchain and edge computing holds promise for overcoming existing challenges and unlocking new possibilities in healthcare.
Grab a look at the free sample @ Big Data Healthcare Market Report 
Future Outlook
The future of the Big Data Healthcare Market is bright, with continued growth expected in the coming years. The increasing adoption of electronic health records, the proliferation of connected devices, and ongoing advancements in data analytics and AI will drive market expansion. Moreover, the COVID-19 pandemic has underscored the importance of data-driven decision-making in healthcare, further accelerating the adoption of big data technologies.
In conclusion, the Big Data Healthcare Market represents a transformative force in the healthcare industry, offering unprecedented opportunities to improve patient outcomes, enhance operational efficiency, and drive innovation. As stakeholders continue to invest in data-driven technologies and solutions, the potential for positive impact on global health outcomes is immense.
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drnic1 · 2 years ago
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Data Driven Conversations
This week I am talking to Sanjula Jain, PhD (@sanjula_jain), SVP Market Strategy & Chief Research Officer at Trilliant Health (@TrilliantHealth), a company focused on healthcare industry expertise, market research, and predictive analytics to create evidence-based direction for Healthcare. Sanjula has like many of my guests an interesting background and origin story but in her case set her on a…
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tntra · 2 years ago
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Explore the transformative potential of big data analytics in healthcare from a new economy perspective. This insightful blog delves into the benefits and applications of big data analytics in the healthcare industry, including improved patient outcomes, personalized medicine, predictive analytics, and operational efficiency. Discover how harnessing the power of big data can drive innovation, enhance decision-making, and optimize healthcare delivery. Stay ahead of the curve and unlock the full potential of big data analytics in revolutionizing healthcare.
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itsbenedict · 3 months ago
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That's Right: It's Another Hot Take About That Dead Healthcare CEO
The websites are abuzz with debate on the utilitarian calculus of whether some guy getting shot was a good thing. What are the odds that the assassination will scare the horrible greedy health insurance companies into changing their ways and fixing the system? Is it worth killing someone over? Will the fear of being blasted by some guy with stylishly-engraved bullets put the fat cats in line? Or will their greed win out over their fear, leaving the nightmarish system unchanged?
Well, what if that was totally irrelevant?
You may have seen a graph that looks like this:
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I've seen a few of these going around. These are the rates at which various health insurance companies say "no, you don't get the money" when someone says "hey I need money for this medical thing". UHC, the one whose CEO got shot, is notably really bad in this respect. They've got algorithmic claims denials and all kinds of nasty things that people don't like. All that money they're saving on paying out on claims must be making them rich, right? Let's look at their own financial reports:
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Whoa! Big numbers! Six percent looks like a small number, but multiply and they make like thirty billion dollars doing this! That's a lot, right?
Well hang on. They're an insurance company. We can roughly model their profit as the amount people pay them for insurance, minus the amount they have to pay out for claims. Let's look at 2023: simple subtraction, their expenses are $339.2 billion. We simplify other overhead and assume that's all claims. So... that represents those 67% of claims they don't reject. What happens if they approve all the claims?
Multiply: $506.3 billion. They don't have that kind of money. They have $371.6 billion in revenue. So okay- they have to deny some claims. That's pretty normal. But let's pretend they're extremely afraid of assassins now and want to be completely non-greedy: they're okay making zero profit. They make $32.4 billion in profit- how many otherwise-rejected claims can they now afford to approve?
...uh. Well, they can afford to pay out, at most, 73.4% of claims. Still a denial rate of 26.6%, higher than most of their competitors. Not a huge improvement. And in reality, they can't afford to make 0 profit- a company that's making 0 profit is a company investors pull out of immediately, leaving it to collapse, because they can make more money investing in the ones that aren't as afraid of assassins. They've got to at least hover around the same profit margin as their competitors. Which is...
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That's average profit margins for the whole US healthcare industry. So, okay, if we match those other companies' profit margins and try to hover around 3-4%... uh. Wait. Hang on. Here's another graph with more recent data on UHC specifically:
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Wait, they're still just making that little 3-4% profit margin, even with all these shady automated denials- so how are those other companies doing better on claims? They're obviously not less greedy. They must be making more money somehow, right?
(My guess, sight-unseen, would be that they charge more for their plans, or offer less comprehensive coverage, or use a network of less expensive providers, or other things that make the amount they have to pay out smaller and the amount they're taking in larger. I don't feel like doing a comprehensive consumer review of what every insurance provider's healthcare plans are, but there's always these tradeoffs to make. UHC seems to be offering the tradeoff of "better or cheaper care, on paper" for "but there's a higher risk of getting denied", which is one annoying tradeoff among many.)
Okay But That's Enough Graphs
"Yeah yeah yeah shut up about profit margins and coverage tradeoffs. Is it a good thing that the CEO got shot or not?"
Well, their profit margin at the time he was shot was 3.63%. A company can't survive making 0 or less, so whatever effect fear of assassination has on UHC's greediness, it is going to be no larger than 3.63%.
They may learn the lesson that having their denial rates too high will get them assassinated. Accordingly, they may decrease that metric- by charging higher premiums, kicking expensive doctors out of their network, or reducing their stated coverage. They will not (because they cannot, without ceasing to exist as a company) simply start approving more claims without squeezing their customers elsewhere. They legally cannot do that. No matter how afraid you make the CEOs, you cannot make them afraid to a degree larger than their profit margin.
Well What The Fuck, Then
Like, what, are we supposed to accept that things will literally never get better and that this horrorshow is the best we can hope for? That's some bullshit! If we can't scare the CEOs, who can we scare?
Man I dunno.
Like, for some reason healthcare is stupid expensive! People can't afford to pay for healthcare without insurance- it's like thousands of dollars for basic procedures! Why? Maybe...
Doctors inflate their prices 10x because they know insurance companies will use complicated legal tricks to only pay 10% of the asking price, and this is a constantly escalating price war that serves mainly to fuck over the uninsured
Drug manufacturers and health technology companies fight tooth and nail to maintain monopolies over treatment, so they can charge gazillions to make back the gazillions they had to spend on FDA approval trials
(Trials those same companies lobby to keep necessary because the more money you have to pay for FDA approval, the harder it is for competitors to enter the market since they don't already have the gazillions)
Doctors operate as a cartel and lobby to gatekeep access to medical training so that they can keep doctoring a prestigious and exclusive position, and keep their own salaries high enough to pay their medical school debt and make them rich afterwards- leading to a (profitable) shortage of medical professionals
There is no limit to how expensive things can get but how much people are physically capable of paying, because frequently the alternative to "pay a ridiculous amount for healthcare" is "die", and so healthcare is subject to near-infinitely inelastic demand
Also like a thousand other equally annoying and complicated perverse incentives and stupid situations
This is the human condition: Shit is annoying and complicated and difficult to fix, pretty much 100% of the time forever. A few bullets in some fucko's back isn't really going to make a dent.
(But like, sure, fuck that guy. He probably sucked, as do the hundred other identical suits in line to replace him. Just... don't expect this to help.)
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metamatar · 1 year ago
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$200k seems like quite a reasonable cost for a small sterile lab. It's not a plan to make it at home, it's a plan to make it in your town. As of now, there are so few insulin plants that the economies of scale aren't optimal for distribution (but they are for profits!)
did you miss the part that it was speculative? that it has never been demonstrated? also no, the economies of scale are fine for distribution cold chain distribution it is a solved problem. people aren't struggling to get insulin bc it can't be delivered, they're struggling bc its expensive.
im not sure you understand what economies of scale means, it means when you try to do things at larger scale – you are generally able to deploy productive technologies and innovations in organisation (specialisation) which make things easier to produce (less labour and capital input) on average. things become cheaper to produce. it is cheaper to weave cloth at a factory than in a loom you install in your backyard. that's why open insulin can only hypothetically get a vial down to the price of for profit insulin in the uk. big pharma is able to profit from insulin at 7 dollars a vial, ie it's even cheaper to produce. this is like, adam smith pin example.
the existence of a big factory or doing things at scale doesn't create destructive megaprofits... this is such a bizarre worldview of the world. you have to make a very sophisticated argument to prove this, which imo is immediately debunked by the reality of worker organised cooperatives in factories or even state run industrial production. profit tends to be a function of factors like labour relations + market dynamics like supply, demand and competition. us healthcare sucks bc your workers don't have rights, private insurance colludes with hospitals and competitors and the govt doesn't regulate pharma companies who are providing an inelastic good (medicine.)
also addressing this bc some people are mad at me but the only part of my argument that cites a piece hosted on RAND corp is the extremely high price of US insulin compared to every other country in the world. its like 30x. i don't think that is a fact that's a capitalist conspiracy, the data can be confirmed with other sources too, it just illustrates how dysfunctional US healthcare is. like, when your enemies agree...
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brandyschillace · 8 months ago
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As it’s non-binary awareness week, I thought I’d share my bio—an attempt to say where I’ve been and what I’m about. And why I am she/her but mean that in a very plural sort of way.
I grew up in an underground house, next to a graveyard, in abandoned coal lands… with a pet raccoon. Oddly, this tends not to surprise people as much as I think it will. My rural community skirted the poverty line, a place of failed industry and orange rivers, poor health, and poorer access to healthcare. As a result, I spent my childhood reading a lot about disease and going to a lot of funerals. I ended up with a Ph.D. and a career in science history, which is probably a likely thing to happen when you spend your early years in a cemetery.
I’ve worked in an English Department, a History Department, and for a Medical Anthropology journal. I spent five years as a research associate in a medical museum among amputation saws, surgery kits, and smallpox vaccines—and now, in addition to being an author, I’m Editor-in-Chief for BMJ’s Medical Humanities Journal. I tend to fall outside the borders and binaries on every side. It’s not that I eschew being a ‘woman’ but that the box isn’t big enough to contain the selves that are me.
I always liked the line by Walt Whitman: I contain multitudes. Each of us are completely unique sets of data and DNA, blood and bones, bits and pieces of ancient stardust (and some microplastics). We don’t just have fingerprints. We are fingerprints — completely unique phenomenon in the universe, never before and never to be again. I am a truck, a train, a bulldog in a wind-tunnel; I’m also autistic. I live in the middle spaces where the contradictions are, containing bits of astral matter, aspects of both genders and possibly some dragons and vampires. I do history the way most people climb mountains–I get my hands dirty–I end up in catacombs, archives, basements. As you can imagine, this sort of thing doesn’t fit in a box very well. Then again, life is more interesting at the intersections.
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healthtechnews · 11 months ago
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puffologic · 3 months ago
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2 cents from a friend of a friend. I have no horse in this race, just sharing someone else's perspective.
(Quoting my friend inside of quotes, outside of ✨️)
"Withholding credit per the author's request.
But I've known this person for just shy of a decade, and they don't hold back if they don't like someone. Speaking out in a positive way said enough for me to know what kind of person Brian must have been.
I trust their judgement in my daily life, I'll trust them on the character of someone they knew.
✨✨✨✨✨✨✨✨✨
Alright fuckers, listen up. You want the "insurance bad" thread? You got it. I was a business process architect at UHC for 8 years. I have seen all the data (some of the data being cited is likely from my old team). I have met and/or worked with the majority of the current and past execs. Some of them are absolutely blood-sucking vampires, but Brian Thompson was not one of them.
All the charts and data you see across social media are from 2021 or prior. You know when Brian Thompson became CEO? 2021. You know who was responsible for all the fucking evil shit you know about UHC? Steve Nelson, the former CEO who is now an exec VP at Aetna. I worked with Steve and Brian. They couldn't be more different. I likely know the next CEO too and I have a hunch on who it will be.
I was at a town hall one time when one of our data analysts asked, "Since 53% of our company is women, why are 70% of the leadership roles filled by men? What are you doing to fix that?" Steve Nelson stammered like crazy, tossed the question to the ONLY female exec, and ended the town hall. You know what BT did when he took over as CEO? Hired women into the exec roles. He increased female leadership across the entire company.
"But UHC denies more claims than everybody..." yeah, Steven Nelson did that. BT kicked off a program to eliminate Prior Authorizations for in-network providers. In 2023, 20% of all prior authorizations were removed. He was striving for 100% over the next 5 years.
BT just happened to be the face on which you can project your rage, but he's the wrong guy. If it were almost anybody else in the market, Steve Nelson, Andrew Witty, etc... I would agree with you. Steve Nelson tried to tell a "relatable story" once about conquering fear and his example was when he went helicopter skiing with his daughters and one of them was too scared to try one of the big jumps. THAT'S THE GUY YOU ARE LOOKING FOR.
It's no secret that I hate the entire idea of health insurance, but it's reality. "Being part of the system is part of the problem" is a childish take. The only way to fix the problem is guys like Brian at the helm. That guy was just murdered. I'm not a conspiracy guy, but based on the way this went down and how much misinformation about him is spreading, it feels like a hit. Stop and think before sharing that meme that slanders him.
✨✨✨✨✨✨
I work in the healthcare industry.
I'm chronically ill.
I've received denials and had to jump through prior auths in my personal and professional life.
I don't like the healthcare system. But I also don't particularly care for a person's murder being used as a tool for "change" when it's just people bitching online. That's not change.
So do something.
Do better. 🤷🏻‍♀️ "
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beardedmrbean · 2 months ago
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Jan. 3 (UPI) -- A string of announcements about big investments in nuclear energy production signal a revival for the industry that already produces about 20% of U.S. electricity.
Google, Microsoft and Amazon are among the technology companies looking to nuclear power to produce energy with a smaller carbon footprint. Environmental organizations remain skeptical, if not outright opposed to the use of nuclear energy.
Disasters at nuclear plants in Chernobyl in 1986 and the Fukushima Daiichi plant in Japan in 2011 play a large role in the minds of opponents.
"Anyone who thinks the public perception is overwhelmingly pro-nuclear is probably kidding themselves," Dr. Lane Carasik, assistant professor in the Virginia Commonwealth University Department of Mechanical and Nuclear Engineering, told UPI. "A lot of work needs to continue to be done by organizations to make sure the public is appropriately informed about the benefits and dangers of nuclear power. There are both."
The benefits touted by companies making the investments and the U.S. government center around reducing carbon emissions. This goal has been a crucial point of emphasis for the Biden administration in the face of increasingly destructive and frequent extreme weather events around the globe.
The U.S. Department of Energy announced in October it is opening applications for $900 million in funding to build small modular nuclear reactors. The program is part of the Bipartisan Infrastructure Law that passed in 2021.
"Revitalizing America's nuclear sector is key to adding more carbon free energy to the grid and meeting the needs of our growing economy -- from A.I. and data centers to manufacturing and healthcare," Jennifer M. Granholm, U.S. secretary of energy, said in a statement.
Earlier in the fall, the Biden administration announced the approval of a $1.52 billion loan to restart the Palisades nuclear plant in Covert Township, Mich. It would be the first restart of a nuclear plant once believed to be permanently out of commission in U.S. history.
Carasik said he is not surprised that the government is playing a role in revitalizing the nuclear energy industry. Along with the need for a diverse slate of energy sources, he said it is imperative that the United States nurture the field of nuclear science or risk losing experts to other countries.
"If we do not train in nuclear science-adjacent fields, we could lose them potentially to other countries and potentially to adversarial countries," Carasik said.
Support for nuclear energy has been burgeoning in Michigan even prior to the announcement.
A bipartisan, bicameral caucus was formed in the state legislature. The state has agreed to put $300 million toward the Palisades restart. The Michigan Chamber of Commerce and Gov. Gretchen Whitmer have also called it a positive development.
Holtec International, the company that purchased the Palisades plant in 2022, has agreed to sell a portion of the energy it produces to Hoosier Energy in Indiana.
The plant is capable of producing 800 megawatts of electricity, enough to power about 800,000 homes. More capacity may be coming as Holtec International is developing two small modular reactors to be built near the Palisades plant capable of producing 300 megawatts each.
That additional energy will be needed as Microsoft and telecommunications company Switch eye building new data centers in western Michigan, according to Ed Rivet, executive director of the Michigan Conservative Energy Forum.
Existing data centers consume about 4% of all electricity generated in the United States. That need is expected to more than double by 2030 as more data centers are constructed, according to the Department of Energy.
"It's pretty shattering from a paradigm sense, seeing companies like Google (request for proposal) to the private sector 'Will you build a nuclear plant next to our data center?'" Rivet said.
The investments from the tech industry play a large role in the recent nuclear resurgence. Energy hungry data centers will require a reliable energy source. Rivet's organization calls for an "all of the above" approach to powering the nation's grid, including wind and solar energy. He believes nuclear energy must be part of that equation as well.
Unlike wind and solar, nuclear energy is produced on a constant basis regardless of the elements. Nuclear energy has no carbon footprint and its physical footprint -- the land a nuclear plant sits on -- is drastically smaller than the land covered by solar panels to produce the same amount of energy.
Christopher Ortiz, senior communications specialist with Kairos Power, told UPI that energy density is an attractive feature of nuclear reactor technology.
"Kairos Power's advanced reactor technology offers incredible energy density," Ortiz said. "One golf-ball-sized fuel pebble can produce the same amount of energy as burning four tons of coal."
Google signed an agreement to buy nuclear energy produced by Kairos Power's small modular reactors to support the needs of its artificial intelligence systems.
"This landmark announcement will accelerate the transition to clean energy as Google and Kairos Power look to add 500 (megawatts) of new 24/7 carbon-free power to U.S. electricity grids," Michael Terrell, Google senior director of energy and climate, said in a statement.
The projects in this agreement are slated to be finished and in operation across multiple plants by 2035.
Kairos Power, based in California, was founded in 2016 and employs more than 480 people. The company has hired more than 130 employees at its plant in Albuquerque, N.M., with an average salary of more than $100,000. It will also create more than 55 "high-skilled, high-paying" jobs to build, operate and decommission the Hermes Low-Power Demonstration Reactor near Oak Ridge, Tenn.
Construction on the Hermes reactor began in July. It will be used to develop the company's commercial advanced nuclear reactor technology.
Nuclear energy accounts for about 50% of U.S. clean energy production, according to the U.S. Department of Energy.
The Hermes reactor is projected to be complete in 2027.
The Palisades Nuclear Plant is not the only U.S. plant set to be brought back online. Microsoft agreed to a deal with Constellation, a Baltimore based energy company, to restart Three Mile Island Unit 1 in Londonderry Township, Pa.
The plant will produce 835 megawatts of electricity and create an estimated 3,400 jobs. It was shut down in 2019.
Three Mile Island Unit 2 was the site of a meltdown in 1979, leading to the evacuation of thousands of people. Like Chernobyl and Fukushima, Three Mile Island evokes memories of what can go wrong with nuclear power.
Dr. Arthur Motta of the Ken and Mary Alice Lindquist Department of Nuclear Engineering at Penn State told UPI that the Three Mile Island meltdown brought about positive changes to the industry. Better reporting and sharing of information about malfunctions among plants internationally has increased safety and reliability.
The challenge nuclear energy faces in the realm of public perception is cutting through the fear that has been harnessed in decades of pop culture depictions of nuclear disasters. Godzilla, the Fallout video game series and Homer Simpson bumbling around the Springfield power plant have fed into misconceptions about the industry, Motta said.
"It strikes something in the human psyche that makes people afraid," Motta said. "People evaluate risk based on their familiarity. Nuclear is the unknowable. People don't know about it."
Critics of nuclear energy have raised questions about waste disposal. Nuclear waste looks far different from the barrels filled with glowing green liquid that create three-eyed fish on The Simpsons. Instead, most waste comes in the form of nuclear fuel rods. They are highly radioactive but are not voluminous.
Motta explains that the total volume of the nuclear waste produced in the United States in the last 40 years could be stacked 2 to 3 meters high across one football field. There is about 90,000 metric tons of spent nuclear waste in the country, according to the U.S. Government Accountability Office. The Department of Energy is responsible for disposing high-level waste -- like the nuclear fuel rods -- in a yet-to-be-built repository.
In 1987, the government designated the Yucca Mountain in Nevada to be the site of a waste repository. However, the government turned away from nuclear energy through the Obama administration while lawmakers came to an impasse over next steps. The Obama administration also began to explore alternatives to the Yucca Mountain.
Currently nuclear waste remains stored in spent fuel pools -- large, reinforced concrete casks lined with steel. The fuel is submerged in 40 feet of water and cooled for five years or more before being moved to a dry cask to be stored for up to 40 more years.
This method of storage is considered temporary by the U.S. Nuclear Regulatory Commission.
The radioactivity of nuclear waste decays over time. After 40 years, the radioactivity of a spent fuel rod is about one-thousandth of what it was when it was first placed in storage, according to the World Nuclear Association.
Motta said the chief concern about storage of waste among skeptics is that radiation will make its way into the water table due to the containment casks corroding and the waste dissolving.
"The water table goes very deep. You bury the waste 5,000 feet and you're still well above the water table," he said. "There is no way for the waste to be released, especially because of the corrosion-resistant canisters and drip shields. Really, it's a question of if you believe the disposal proceeding can be done safely and I think it can."
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tech-insides · 9 months ago
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What are the skills needed for a data scientist job?
It’s one of those careers that’s been getting a lot of buzz lately, and for good reason. But what exactly do you need to become a data scientist? Let’s break it down.
Technical Skills
First off, let's talk about the technical skills. These are the nuts and bolts of what you'll be doing every day.
Programming Skills: At the top of the list is programming. You’ll need to be proficient in languages like Python and R. These are the go-to tools for data manipulation, analysis, and visualization. If you’re comfortable writing scripts and solving problems with code, you’re on the right track.
Statistical Knowledge: Next up, you’ve got to have a solid grasp of statistics. This isn’t just about knowing the theory; it’s about applying statistical techniques to real-world data. You’ll need to understand concepts like regression, hypothesis testing, and probability.
Machine Learning: Machine learning is another biggie. You should know how to build and deploy machine learning models. This includes everything from simple linear regressions to complex neural networks. Familiarity with libraries like scikit-learn, TensorFlow, and PyTorch will be a huge plus.
Data Wrangling: Data isn’t always clean and tidy when you get it. Often, it’s messy and requires a lot of preprocessing. Skills in data wrangling, which means cleaning and organizing data, are essential. Tools like Pandas in Python can help a lot here.
Data Visualization: Being able to visualize data is key. It’s not enough to just analyze data; you need to present it in a way that makes sense to others. Tools like Matplotlib, Seaborn, and Tableau can help you create clear and compelling visuals.
Analytical Skills
Now, let’s talk about the analytical skills. These are just as important as the technical skills, if not more so.
Problem-Solving: At its core, data science is about solving problems. You need to be curious and have a knack for figuring out why something isn’t working and how to fix it. This means thinking critically and logically.
Domain Knowledge: Understanding the industry you’re working in is crucial. Whether it’s healthcare, finance, marketing, or any other field, knowing the specifics of the industry will help you make better decisions and provide more valuable insights.
Communication Skills: You might be working with complex data, but if you can’t explain your findings to others, it’s all for nothing. Being able to communicate clearly and effectively with both technical and non-technical stakeholders is a must.
Soft Skills
Don’t underestimate the importance of soft skills. These might not be as obvious, but they’re just as critical.
Collaboration: Data scientists often work in teams, so being able to collaborate with others is essential. This means being open to feedback, sharing your ideas, and working well with colleagues from different backgrounds.
Time Management: You’ll likely be juggling multiple projects at once, so good time management skills are crucial. Knowing how to prioritize tasks and manage your time effectively can make a big difference.
Adaptability: The field of data science is always evolving. New tools, techniques, and technologies are constantly emerging. Being adaptable and willing to learn new things is key to staying current and relevant in the field.
Conclusion
So, there you have it. Becoming a data scientist requires a mix of technical prowess, analytical thinking, and soft skills. It’s a challenging but incredibly rewarding career path. If you’re passionate about data and love solving problems, it might just be the perfect fit for you.
Good luck to all of you aspiring data scientists out there!
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mixpayu · 25 days ago
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Understanding Artificial Intelligence: A Comprehensive Guide
Artificial Intelligence (AI) has become one of the most transformative technologies of our time. From powering smart assistants to enabling self-driving cars, AI is reshaping industries and everyday life. In this comprehensive guide, we will explore what AI is, its evolution, various types, real-world applications, and both its advantages and disadvantages. We will also offer practical tips for embracing AI in a responsible manner—all while adhering to strict publishing and SEO standards and Blogger’s policies.
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1. Introduction
Artificial Intelligence refers to computer systems designed to perform tasks that typically require human intelligence. These tasks include learning, reasoning, problem-solving, and even understanding natural language. Over the past few decades, advancements in machine learning and deep learning have accelerated AI’s evolution, making it an indispensable tool in multiple domains.
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2. What Is Artificial Intelligence?
At its core, AI is about creating machines or software that can mimic human cognitive functions. There are several key areas within AI:
Machine Learning (ML): A subset of AI where algorithms improve through experience and data. For example, recommendation systems on streaming platforms learn user preferences over time.
Deep Learning: A branch of ML that utilizes neural networks with many layers to analyze various types of data. This technology is behind image and speech recognition systems.
Natural Language Processing (NLP): Enables computers to understand, interpret, and generate human language. Virtual assistants like Siri and Alexa are prime examples of NLP applications.
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3. A Brief History and Evolution
The concept of artificial intelligence dates back to the mid-20th century, when pioneers like Alan Turing began to question whether machines could think. Over the years, AI has evolved through several phases:
Early Developments: In the 1950s and 1960s, researchers developed simple algorithms and theories on machine learning.
The AI Winter: Due to high expectations and limited computational power, interest in AI waned during the 1970s and 1980s.
Modern Resurgence: The advent of big data, improved computing power, and new algorithms led to a renaissance in AI research and applications, especially in the last decade.
Source: MIT Technology Review
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4. Types of AI
Understanding AI involves recognizing its different types, which vary in complexity and capability:
4.1 Narrow AI (Artificial Narrow Intelligence - ANI)
Narrow AI is designed to perform a single task or a limited range of tasks. Examples include:
Voice Assistants: Siri, Google Assistant, and Alexa, which respond to specific commands.
Recommendation Engines: Algorithms used by Netflix or Amazon to suggest products or content.
4.2 General AI (Artificial General Intelligence - AGI)
AGI refers to machines that possess the ability to understand, learn, and apply knowledge across a wide range of tasks—much like a human being. Although AGI remains a theoretical concept, significant research is underway to make it a reality.
4.3 Superintelligent AI (Artificial Superintelligence - ASI)
ASI is a level of AI that surpasses human intelligence in all aspects. While it currently exists only in theory and speculative discussions, its potential implications for society drive both excitement and caution.
Source: Stanford University AI Index
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5. Real-World Applications of AI
AI is not confined to laboratories—it has found practical applications across various industries:
5.1 Healthcare
Medical Diagnosis: AI systems are now capable of analyzing medical images and predicting diseases such as cancer with high accuracy.
Personalized Treatment: Machine learning models help create personalized treatment plans based on a patient’s genetic makeup and history.
5.2 Automotive Industry
Self-Driving Cars: Companies like Tesla and Waymo are developing autonomous vehicles that rely on AI to navigate roads safely.
Traffic Management: AI-powered systems optimize traffic flow in smart cities, reducing congestion and pollution.
5.3 Finance
Fraud Detection: Banks use AI algorithms to detect unusual patterns that may indicate fraudulent activities.
Algorithmic Trading: AI models analyze vast amounts of financial data to make high-speed trading decisions.
5.4 Entertainment
Content Recommendation: Streaming services use AI to analyze viewing habits and suggest movies or shows.
Game Development: AI enhances gaming experiences by creating more realistic non-player character (NPC) behaviors.
Source: Forbes – AI in Business
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6. Advantages of AI
AI offers numerous benefits across multiple domains:
Efficiency and Automation: AI automates routine tasks, freeing up human resources for more complex and creative endeavors.
Enhanced Decision Making: AI systems analyze large datasets to provide insights that help in making informed decisions.
Improved Personalization: From personalized marketing to tailored healthcare, AI enhances user experiences by addressing individual needs.
Increased Safety: In sectors like automotive and manufacturing, AI-driven systems contribute to improved safety and accident prevention.
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7. Disadvantages and Challenges
Despite its many benefits, AI also presents several challenges:
Job Displacement: Automation and AI can lead to job losses in certain sectors, raising concerns about workforce displacement.
Bias and Fairness: AI systems can perpetuate biases present in training data, leading to unfair outcomes in areas like hiring or law enforcement.
Privacy Issues: The use of large datasets often involves sensitive personal information, raising concerns about data privacy and security.
Complexity and Cost: Developing and maintaining AI systems requires significant resources, expertise, and financial investment.
Ethical Concerns: The increasing autonomy of AI systems brings ethical dilemmas, such as accountability for decisions made by machines.
Source: Nature – The Ethics of AI
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8. Tips for Embracing AI Responsibly
For individuals and organizations looking to harness the power of AI, consider these practical tips:
Invest in Education and Training: Upskill your workforce by offering training in AI and data science to stay competitive.
Prioritize Transparency: Ensure that AI systems are transparent in their operations, especially when making decisions that affect individuals.
Implement Robust Data Security Measures: Protect user data with advanced security protocols to prevent breaches and misuse.
Monitor and Mitigate Bias: Regularly audit AI systems for biases and take corrective measures to ensure fair outcomes.
Stay Informed on Regulatory Changes: Keep abreast of evolving legal and ethical standards surrounding AI to maintain compliance and public trust.
Foster Collaboration: Work with cross-disciplinary teams, including ethicists, data scientists, and industry experts, to create well-rounded AI solutions.
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9. Future Outlook
The future of AI is both promising and challenging. With continuous advancements in technology, AI is expected to become even more integrated into our daily lives. Innovations such as AGI and even discussions around ASI signal potential breakthroughs that could revolutionize every sector—from education and healthcare to transportation and beyond. However, these advancements must be managed responsibly, balancing innovation with ethical considerations to ensure that AI benefits society as a whole.
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10. Conclusion
Artificial Intelligence is a dynamic field that continues to evolve, offering incredible opportunities while posing significant challenges. By understanding the various types of AI, its real-world applications, and the associated advantages and disadvantages, we can better prepare for an AI-driven future. Whether you are a business leader, a policymaker, or an enthusiast, staying informed and adopting responsible practices will be key to leveraging AI’s full potential.
As we move forward, it is crucial to strike a balance between technological innovation and ethical responsibility. With proper planning, education, and collaboration, AI can be a force for good, driving progress and improving lives around the globe.
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References
1. MIT Technology Review – https://www.technologyreview.com/
2. Stanford University AI Index – https://aiindex.stanford.edu/
3. Forbes – https://www.forbes.com/
4. Nature – https://www.nature.com/
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Explore our comprehensive 1,000-word guide on Artificial Intelligence, covering its history, types, real-world applications, advantages, disadvantages, and practical tips for responsible adoption. Learn how AI is shaping the future while addressing ethical and operational challenges.
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saetoru · 1 year ago
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I just read your post about Ai and can I just share that I work in archeology and I'm absolutely terrified of the way AI is becoming normalized within research. The University I work for recently granted our department a large budget for this research project, and instead of hiring new people, or taking even taking in undergrad students as assistant researchers, my superiors have been using ChatGPT. It's absolutely insane to me that it is being recommended for us to use it to create surveys and organize our collected data. we are even being told to use it if we're having trouble writing the summary reports that help us continue getting funding.
I use it almost everyday, and it is not 100% accurate. Its actually wrong a lot of the time when you're using it to do more advanced math so it's very worrisome that it's being used for quantitative research. it is so easy for things to be wrong and no one to even notice.
YES ITS SO SCARY !!! im in healthcare management and the company i’m working with is a supplier for hospitals and the way they use chat gpt to compare pricing and break down data and even just write emails for summaries is so scary because the calculations aren’t always correct and they admit that !! and they still use it !! means for breaking down data aren’t always the most effective. and it’s especially scary bc my friend who is a pharm tech has been consistently complaining that more and more drugs have become hard to order in larger quantities and they are having loads of shortages. they’ve had to limit how much they can give at a time significantly in a few pharmacies in my area and it’s like. if you chat gpt things like calculating when it comes to supplying things for the healthcare industry, you heavily risk accidentally miscalculating how you split things up or wtv the case may be and already scarce items will be even more scarce. it’s just a very very nauseating thing to hear — and young ppl especially !! the company i’m working with has also cut back so many interning spots with data analytics bc they rely on ai to do it !! there are so many young individuals that are slowly being robbed of experience they desperately need to build their careers and the economy isn’t exactly helping with the case either, and :,) it’s just. a rly rly big area for concern bc there seems to be no regulation whatsoever and i can’t wrap my head around it.
and besides the professional aspect, there’s also the social aspect you have to consider. ai generated images are becoming more and more accurate and we’re living in a time where we can start to make anyone’s voice and faces be generated to say / look however we want. there are so many dangers to that i don’t even think i need to go into but from every standpoint all ai screams to me is a way to make life more and more miserable instead of efficient :,)
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abigailspinach · 2 months ago
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Hello, i would actually really like to know about the research jobs you posted about in the 9-5 post!! are you willing to message me?
Indeed!
And if anyone else out there is new to the working world or looking for a job field that pays a livable wage and benefits... message me.
I graduated into the 2008 recession as a first gen college student. It's tough as shit and I got a lucky referral to an entry level file clerk position and hung onto that job through 3 layoffs and a global recession and turned it into a career that pays my bills. And I've helped bring 10+ new medications to market to help patients.
I've gotten to work on migraines, Crohn's, macular degeneration, juvenile idiopathic arthritis, some oncology stuff in the works, and more. There's a lot of nonsense and drama and layoffs.. but I also get to help scientist and patients.
People know about healthcare and medicine but I find the wide world of Clinical Research is underdiscussed. It's a big field so we can find you a role. Contracts! Vendor management! Accounting! Archival work! System builds! Data management! import and export licensing! Paperwork galore!
You wanna travel and make money? I have the role for you - there is a constant demand for Clinical Research Associates (six figures baby once you get some experience!)
I was a dumb dumb 20 something with no one in my family who ever had any office experience (except like one aunt who was a receptionist). I knew so little about ye olde corporate nonsense. But that one referral for a file clerk got me in the door and changed my whole life. Honestly, they knew I made good green chili at the neighborhood BBQ and send over my resume and got me an interview. I had to hustle from there but yeah. 14+ layoffs and I'm still in the industry. Gosh I feel old. But hey... we all gotta pay the bills. Message me and I'll see if I can help someone else.
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