4 ms·
You're absolutely correct but from what I can see there's going to need to be a lot more work done in collecting and standardizing that data before it's availab
by jcims 7y ago
You're absolutely correct but from what I can see there's going to need to be a lot more work done in collecting and standardizing that data before it's available in sufficient quantity and quality to do anything with. I think a more aggressive approach to normalizing externalities (primarily regulated diet/nutrition) would help as well.
There's another completely (to me) unintuitive angle as well. Andrew Lo and some folks from MIT Sloan have published a paper about using clinical trial data to predict which medicines will be approved by the FDA in order to help reduce investment risk and unlock dollars. He does a pretty good talk about it here - https://www.youtube.com/watch?v=AzELyaVf0v8 https://www.youtube.com/watch?v=AzELyaVf0v8
He's on a recent episode of Linear Digressions discussing this as well. http://lineardigressions.com/episodes/2019/12/8/using-data-science-to-make-hard-prioritization-decisions-behind-the-scenes-of-an-analysis-to-predict-drug-approvals http://lineardigressions.com/episodes/2019/12/8/using-data-s...