Verily: Google's New Health Gambit

For the scientists, Google’s appeal is clear: It gives top-notch tech resources at their disposal, and an almost endless supporting budget. For Alphabet, the entrance into health fits its edict of applying tech to massive global problems. Also, health is a gargantuan market: U.S. spending is estimated to hit $3 trillion this year, more than a sixth of GDP. Verily is entering the market with a confluence of factors — the digitization of records and rapid advances in medical equipment, genetic engineering and machine intelligence — that make healthcare irresistible for the tech industry.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles