Tech
Why Medical Bills In The US Are So Expensive
The American health-care system is in a tug of war between physicians, hospitals, insurance companies, pharmaceuticals and shareholders. At the center of it all are the patients.
Ashley Palmiscino’s insurance company was billed roughly $4 million for her five-month-old son Luca’s lung transplant. Her family had to turn to fundraising almost immediately just to keep up with the medical bills, and she’s not alone. One-third of the money raised on GoFundMe last year went to medical campaigns.
So how did we get here, and how do we turn things around?
“Once there’s all this money sloshing around in a system, there’s this sort of pile-on effect where everyone wants to grab their bit of this huge pot of money,” said Elisabeth Rosenthal, a former physician who wrote a book about how health care became big business.
“Now what we have as we’re trying to take it back and reduce costs is everyone is desperately clinging to their piece of the pie.”
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Why Medical Bills In The US Are So Expensive
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While investors focus on Tesla’s Cybercab and Waymo’s robotaxis, autonomous trucking has been quietly gaining traction. Aurora Innovation has begun commercial freight runs in Texas and is expanding its fleet of driverless semitrucks. CNBC’s Phil LeBeau spoke with Aurora CEO Chris Urmson to learn more about why he believes autonomous freight is nearing a turning point.
Reporter: Phil Lebeau
Produced by: Meaghan Reeder
Edited by: Erin Black
Senior Managing Director: Tala Hadavi
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Exclusive: Ride-Along Inside Aurora’s Self-Driving Semitruck
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Key features include 4-day battery life, an enhanced heart rate monitor and automatic tracking. CNBC’s Harriet Taylor checks it out.
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First Look At Fitbit’s Long-Awaited $300 Ionic Smartwatch | CNBC
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AI doomerism hit a fever pitch after former OpenAI and Anthropic researchers warned that AI could kill us, and Anthropic CEO Dario Amodei, OpenAI’s Sam Altman and SpaceX CEO Elon Musk joined the cause. As runaway AI fears reached a crescendo, policymakers renewed calls for a magic stop button for AI or a kill switch, which would require model makers to build a capability to shut down access when an agents go awry. CNBC speaks to experts to find out what it would take to build an AI kill switch.
Chapters:
0:00 Introduction
1:55 Car we create an AI kill switch?
2:51 Hardware-based soltuion
3:14 Kill switch regulation
5:31 The EU AI Act
7:21 Self regulation
8:44 Are we too late?
Reporter: Samantha Subin
Senior Director of Video: Jeniece Pettitt
Edited by: Erin Black, Andrew Evers
Additional Footage: Getty Images
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Why It’s So Hard To Build An AI Kill Switch
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More than 40% of ground business travel receipts were for Uber services in Q4, according to Certify.
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Uber Shakes Up Business Travel | Tech Bet | CNBC
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In South Korea, where a mountainous landscape makes building huge projects an incredible undertaking, SK Hynix — the world’s leading maker of high-bandwidth computer memory — is investing $720 billion on what it says will be the largest network of memory factories in the world.
Get an inside look at the company’s AI-fueled buildout in related video.
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