[28/04, 19:26]hu2: I have been thinking about the business model and if we keep our data open access with a CC licence, I feel eventually we may be able to charge a small amount of let's say currently 500 Rs from the patients for registration and then something like a pre paid mobile subscription top up every three months?
Hence eventually we will continue the same fee for service model of healthcare and gradually increase our services once we can tie up well with local caregivers especially by giving them free access to our group once their patient registers (more like how we currently add our PGs once the patient is admitted)?
right?
How do we handle ultra poor?
That's the danger of coupling archival and care like Dr advice bot.
Two more idea variants -
1. If we charge 500 we could charge that 2 weeks post registration. Data for 2 weeks is then archived at least. And our PaJR bot needs to show value in first two weeks for the patient to continue.
2. What if we keep archival bot on a purely-human-run volunteer group for free. And if AI PaJR bot is needed then we charge for it. Patient advocate needs to see value in bot then - changes a bit of the dynamics.
[28/04, 20:39]hu2: Idea 1 sounds good
[28/04, 20:40]hu2: In idea 2 we need to realise that the patient's charges are not for the bot but for both human and AI agentic collaboration toward their care
[29/04, 08:08]hu3: We'd need to shape the conversation like that then. We could experiment with some existing groups. There will be stages we will need to take the patient through and then start showing results. Needs to be processified a bit.
[29/04, 08:23]hu2: 👆Quoting from this text above:
"That's the danger of coupling archival and care like Dr advice bot."
👆Well our workflow pivots on "care" and archives data generated from point of care learning for future case based reasoning engines?
[29/04, 09:05]hu3: 1. Then we need to separate patients who are willing to contribute to future good - they can't be charged.
2. And then there are patients that use the benefits of that data and models for treatment.. they can be charged.
How to figure which patients are of which type will be the challenge. Everyone would want to be type 2.
[29/04, 09:20]hu2: It's not just about future caring that is covered by layer 3
Patients will be largely paying for layer 1 care services as they wouldn't be bothered about global learning but would simply want to gain from local caring. The researcher users on the same group would on the other hand like to distill layer 1 learnings onto layer 2 and hope for it to be utilised and cited as part of a layer 3 future case based reasoning global ecosystem described here:
https://pmc.ncbi.nlm.nih.gov/articles/PMC544898/
[29/04, 09:29hu3: Got it.. so all patients will be in it for real care. Initial milestone for each patient would be to show them enough value that they pay at the end of week 2.
We will need to do some rethink, processification, mini milestone definitions to see how we can track effectiveness of these 2 weeks.
Dyadic 2 discussion around creating a Business model :
[28/04, 20:23]hu1: Data open access is an absolute must and a avowed principle. The question is at what level should we expose the data?
Happy to see that you're keen on taking this business model further.
[28/04, 20:23]hu1: I was thinking we can offer segments where with a higher premium we offer better AI models. Gemini Pro was vastly better when I ran it backend. We are currently on Deepseek v4 pro. Performs literature searches well
[28/04, 20:26]hu2: That would fragment our potential care offering which cannot be compromised on and we also need to be avowed to same quality of care through same quality of AI across all segments of patients
[28/04, 20:28]hu1: Exactly inverse of this is that the AI is only "assisting" and will never be a "driver". Thus the quality of assistant is improving and the quality of care won't be affected.
[28/04, 20:29]hu1: Ultimately the decision is for the patient to make. It's the market they choose and have liberty of and for.
[28/04, 20:29]hu2 : Quality of human assistants (for example trainees) are also crucial to the overall quality of care. AI is no exception
[28/04, 20:31]hu1: AI is a one way street. Trainees are multiway streets (in the IPO cycle I mean).
[28/04, 20:31]hu2: The patient is already paying for our services overall because they believe it's better than another service. Once inside our service the patient shouldn't have to choose further
[28/04, 20:31]hu1: And why are we gatekeeping them from not choosing?
[28/04, 20:32]hu1: Now you're giving me ideas on developing 2 bots. One standard and the other premium 🤭😅
[28/04, 20:33]hu2: This can be sold to the doctors who are using the bot.
For articulate patients who also choose to use the bot then perhaps.
[28/04, 20:44]hu1: Exactly. Leave it to the free market. Through this project I want to achieve self actualization and liberty for me (I have reached the top of Mount Maslow quite a few times) and my patients.
[28/04, 20:48]hu1: We should never ever gatekeep. And once we gatekeep, the problem is that we will lose market signals and our product will lose out.
Ultimately, while you and I are committed to this idea in principle, the broader public will need lots of narrative peddling and that will need us to be market-robust
[28/04, 21:29]hu2: Adam Smith’s Invisible Hand — and What He Actually Meant
The greatest myth in economic history wasn’t created by Adam Smith — it was created by the people who needed his words to protect their wealth.
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Key Facts & Insights
• Adam Smith used the phrase “invisible hand” only three times in his entire life — and none of them described free markets magically fixing themselves.
• Smith was a moral philosopher, not an advocate of unregulated capitalism; he believed markets only work with rules, fairness, and dispersed power.
• In Wealth of Nations, the “invisible hand” referred to a fearful merchant, not a universal law of economics.
• Smith warned repeatedly about monopolies, cartels, and corporate influence over government — the very forces modern capitalism claims he endorsed.
• The 20th century — especially during the Cold War — reinvented Smith as a mascot for deregulation and laissez-faire ideology.
• Modern tech giants and financial institutions resemble the East India Company, the monopoly Smith considered a catastrophic distortion of markets.
• Understanding what Smith actually meant reveals how economic narratives are used to justify power, concentrate wealth, and shape global policy.
• The real lesson: markets don’t correct abuse — people and institutions do, when they understand the system they’re living in.
Hashtags
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[28/04, 22:28]hu1: Not you per se, but a large majority of this world struggles to accept the idea that the world is unequal and that fairness is an entirely man made construct.
If free markets hadn't existed, Coca Cola, GE, Ford and Nokia would still be champions and not the current "tech giants" as you describe it.
Free markets made east Asia prosperous and nearly catch up with first World affluence.
If anything the narrative here shows that people should be subjugated and should not dare to value their service and should not dream of building wealth.
Thankfully, what was nearly impossible just 1 year ago is now possible because AI taught me how to build and setup a business, how to setup a chatbot, how to build a database and how to build a live graphics making engine.
You will be hard pressed to find such socialists among the techies but plenty amongst doctors. And then you see which group has completey ceded their rights to insurance companies, corporates and pharma lobbies. And then you see why Americanisation of India happened much faster than any country - because of our extreme socialism and deprivation of wealth and liberty that made us latch onto Americanism, which is very often confused with free markets.
A population bereft of any rights and liberty can never be moral and righteous.
[28/04, 22:37]hu1: And because 99.9% of our population neither understands markets nor participates in it - (free markets I mean) no product of global value has emerged from India. Because they never participated, they do not know how to compete. They participated in NEET and IIT cracking and they have done well there. Because they participated.
In 2014, Infosys was sitting on 4L crores of funds and Vishal Sikka aggressively pushed for ML and AI. In 7 days the board booted him out, horrified at his suggestions.
Thus I'm not even remotely surprised when large Indian corporations behave like governments because they never competed, and are in constant crony mode, they absorb those values.
I'm not surprised Nandan Nilekani brought the Aadhar debacle onto us, now is considering tokenization of real estate to strip the cattle class of its liberty and Narayana Murthy talks about 70 hour workweeks. All extremely bureaucratic ideas from rent seekers.
There is no other country in the world where so much wealth is concentrated in the top 0.01% of its population than anywhere else.
[29/04, 07:16]hu2: On the hospital side we have hyped free market hospitals that market hype driven medicine rather than EBM to doctors and patients?
[29/04, 07:22]hu2: Or you could say these hype driven hospitals are thriving because of government regulations which are nothing but a collusion of businesses with politicians (crony capitalism) that shouldn't have a place in free market?
However when everything is allowed to be free, feel good placebo effects (from expensive drugs) will reign supreme although again one can say that the side effects of those drugs (and free market) would be an automatic regulator?
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