"[Music] [Music] BJ Daisy, welcome. So, you two predicted in 2022, so 2 years ago, that the biggest company in the world will be a consumer health tech company. That's quite the prediction. So, I'd lov..."

"fact, most healthcare companies today are the opposite of that. And actually, some people might describe healthcare today as intimidating, regulated, and complex. And in fact, you two both have referr..."

"testing, it's really hard to know how to do it. And then we need people to help us kind of change our behaviors. 88% of Americans are metabolically unhealthy. Half of people don't go to the PCP. Half ..."

"take. Why do you think there was such a response both good and bad and again we'll get into the good and bad in a second but what's your take on that? Yeah, I think part of it is it was controversial...."

"advantage company and and building payer and provider basically doing everything. So that's really hard to do but actually if you can do that you can address those issues directly because you're you'r..."

"And so that's a huge difference in terms of why now. Now in terms of what's actually different about the rest of the world is well those um non- US healthcare systems don't have to deal with Americans..."

"your health insurance doesn't kick in until you've already spent x amount of dollars of your own before insurance will cover a dime, which is a relatively unfortunate trend. But the silver lining of t..."

"um is is not typically or historically has not been there to actually create this consumer incentive. Um and and now you're saying that things have changed. There's almost like this ground swell of pe..."

"the future we think should exist and we think healthcare probably looks like you are you have wearable devices that are monitoring ing your health at all times. Some of them are like the wearable devi..."

"maybe one follow-up question there in that future that you just painted, those all those devices or those um trackers that you know we're seeing the early emergence of now today those options are very..."

"we think of as consumer products. And we we definitely see that. It's funny when we look at these consumer health companies. We've invested and see a whole bucket of them that are trying to rebuild th..."

"health health providers, so hospital systems, doctor's offices don't really see patients as their end customers because patients generally aren't paying for their care. The insurance company is. And s..."

"your healthcare right I think those are not really choices and so when you actually have choices then people actually have to worry about retention and that will actually feed into product so it's tha..."

"sustains you know Google and Facebook and these other massive companies. And so from a first principles perspective there's no reason this can't exist. And we basically laid out two ways we think a co..."

"company in the Um and then the second path we laid out was um a financial infrastructure layer. So what if you became the visa of healthcare? Um healthcare payments, I won't go into this because I thi..."

"success what 30 years in the making. I was going to say you know so he's been making very thoughtful uh decisions strategic decisions over multiple decades to build this company and and get to that po..."

"to do. Um, and so I think we'll see acquisitions on the margins like we saw with Amazon buying one medical and you know Apple Apple's products are always kind of verging on health almost. They're goin..."

"almost a play to get you to stay in Walmart a little longer and spend a little bit more money but without really investing in building worldclass health care, you're never going to win in the industry..."

"the things that people don't realize though is there's a flip. I was talking about why healthcare needs AI. I would make an argument that AI needs healthcare. And the argument there is that actually w..."

"under a sun and tracking changes over time. There's more penetration of wearable devices than ever before. And if you marry all of those things, like we're going to have these companions very soon tha..."