Art Robinson, at George Gilder's Telecosm 10 conference in 2006 (www.gildertech.com), gave a presentation about the analytical and Internet technology now available that makes possible the transfer of diagnostic medicine away from the medical monopoly and into the hands of medical consumers.
The commercial implementation of this technology would markedly improve preventive and therapeutic medicine. It would also reduce the 17% of the American economy now devoted to medical care in the United States to an estimated 5%, thereby freeing very large amounts of capital to fund other technological advances that could further improve the quality and quantity of human life.
The building of this new industry would also put America at the forefront of yet another major technological revolution, which would provide great entrepreneurial opportunities and very substantial economic advantages for all Americans.