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GE Healthcare is pushing a system called Corvix for doing agent-based simulations on complex problems. In India, the technology simulated a population of 80 million people in order to determine the best places to build medical facilities.

Art Jones‘s insight:

Compared with traditional methods of making policy decisions, which might take years of data gathering and analysis, data-based simulations can produce numerous forecasts in mere weeks or months and can be iterated upon as new data becomes available. The forecasts might not be entirely accurate, Higashi acknowledges, but “we can tell you the likely path the country’s on.”

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