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citizenpaul 4 days ago

> potential to replace laser surgeries in ophthalmologists’ offices in the future, for a fraction of the cost.

The cynic in me says we won't be seeing adoption of this technology....

Aurornis 4 days ago | parent [-]

The cynic in you has a zero-sum mental model of the world with a fixed number of eye surgery doctors.

If a cheaper, faster, safer (therefore lower insurance cost) procedure becomes available, more clinics will open using it. Competition drives prices down fast in the domain of elective medical procedures.

citizenpaul 4 days ago | parent [-]

>elective medical procedures.

Are not covered by Insurance.

Where have you been seeing medical costs come down the last 20 or so years that makes you think the relentless constant increasing prices is going to change? My medical costs are nearly double what they were 10 years ago and I have no medical issues, I doubt I'm an outlier.

There is no competition in a captured market with artificial supply limitations. ie the number of medical professionals that are legally allowed to sell or use the service.