

NC: Artificial intelligence is here to help us do what we want it to do. We need to stop worrying about technical advancements reducing employment, and instead focus on how they can create new opportunities. If you think of a steam engine, which might have threatened the horse and carriage, but in turn created all sorts of industries, including tourism. The same thing applies to our current situation: we need to see artificial intelligence as our friend, not our enemy.
However, I do think it's important to have a legislative framework so that artificial intelligence is properly governed under the rule of law. As a former parliamentarian, I would expect to see this built on for existing platforms, but I think it needs to be made much better. We need to take the fear away from artificial intelligence and start understanding it, and using it to help patients make informed choices.
In economics, the theory of the Perfect Competition states that if you have all the right information, then the market will know exactly what it's supposed to do, and the consumers and producers will be at one. We have no such thing as a perfect market, but artificial intelligence will start to take us in that direction.

