Andy Grove holds up a digital video camera--a once complicated piece of expensive technology--to make a point about how backward the health-care industry is. Grove, 70, is speaking to engineering students and faculty at the City College of New York, where he was a chemical-engineering major before he headed west in 1960 for his Ph.D. in physics. After that, it was on to co-found Intel, the company that first made the microprocessors that enabled the computer, which enabled practically everything we do today--except, perhaps, tending to the sick. "In a modern ICU, there is data acquisition on top of data acquisition,...
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