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METAVERSE MEDICINE: A Paradigm Shift?

Posted on November 5, 2024 by Dr. David Edward Marcinko MBA MEd CMP™

By Dr. David Edward Marcinko MBA MEd

SPONSOR: http://www.MarcinkoAssociates.com

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In what some are calling the next iteration of the internet, the metaverse is an unfamiliar digital world where you could be an avatar navigating computer-generated places and interacting with others in real time. In this space, the constraints of our physical, bricks and mortar world and travel habits fade. And new opportunities and challenges emerge.

CITE: https://www.r2library.com/Resource/Title/0826102549

For example:

Google in healthcare: The search giant has repeatedly successfully transferred its in-depth knowledge of algorithms in the field of medicine, particularly since it acquired DeepMind.

Apple in healthcare: Apple will keep on working on expanding the health features of its devices, Apple Watch and iPhones included.

Microsoft in healthcare: Microsoft’s cloud solutions provide integrated capabilities that make it easier to improve the healthcare experience.

Amazon in healthcare: Amazon will make further use of its vast knowledge of online shopping trends and behavior and will keep on providing what people need, from medicine to wearables.

IBM in healthcare: IBM has a lot to offer in federated learning, blockchain, and quantum computing.

Nvidia in healthcare: NVIDIA seems incredibly focused on its approach to healthcare. We can expect NVIDIA to be a leader in the use of artificial intelligence in healthcare.

Facebook in healthcare: The Metaverse developed by Facebook/Meta has incredible potential to revolutionize healthcare.

All this technology has huge potential because it uses both virtual reality (VR) and augmented reality (AR) technology to work in virtual spaces: All signs point to the metaverse being widely used as a disruptive change in healthcare, from better surgical precision to therapeutic uses to social-distance accommodations and more.

But along with these improvements come new problems that will change what we know about modern healthcare. The metaverse is a paradigm shift in healthcare that everyone involved needs to be aware of. This is because it changes how medical infrastructure is built, how startup costs are covered, and how data security and privacy are handled.

CITE: https://www.r2library.com/Resource/Title/0826102549

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Filed under: "Ask-an-Advisor", Drugs and Pharma, Ethics, Experts Invited, Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc., Information Technology, Investing, Marcinko Associates | Tagged: AI, Amazon, Apple, artificial intelligence, DeepMind, Facebook, FB, google, IBM, iMBA, Magnificent 7, Marcinko, Meta, metaverse, microsoft, MSFT, Nvidia, Technology, virtual reality | Leave a comment »

“ENTERPRISE METAVERSE” Innovation and Entrepreneurship

Posted on September 22, 2024 by Dr. David Edward Marcinko MBA MEd CMP™

WHAT IS IT?

On an earnings call last year Microsoft CEO Satya Nadella said the term “enterprise metaverse.”

By [Avatar] Dr. David Edward Marcinko MBA

DEFINITION: The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet.

The word “metaverse” is made up of the prefix “meta” (meaning beyond) and the stem “verse” (a back formation from “universe“); the term is typically used to describe the concept of a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe.

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Filed under: Experts Invited, Glossary Terms, Investing | Tagged: 3D, avatar, david marcinko, ENTERPRISE METAVERSE, entrepreneurship, innovation, metaverse, virtual space | 19 Comments »

INVITE: Professor Marcinko to Your Next Seminar or Event

Posted on May 27, 2024 by Dr. David Edward Marcinko MBA MEd CMP™

See You Soon

SPONSOR: http://www.CertifiedMedicalPlanner.org

Colleagues know that I enjoy personal coaching and public speaking and give as many talks each year as possible, at a variety of medical society and financial services conferences around the country and world. All in a Corona safe environment.

MARCINKO in the METAVERSE

These include lectures and visiting professorships at major academic centers, keynote lectures for hospitals, economic seminars and health systems, end-note lectures at city and statewide financial coalitions, and annual lectures for a variety of internal yearly meetings.

LIVE or PODCAST enabled, as well.

Topics Link: imba-inc-firm-services

Teleconference: https://medicalexecutivepost.com/2020/10/14/me-marcinko-and-my-avatar/

My Fond Farewell to Tuskegee University

And so, we appreciate your consideration.

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EM: MarcinkoAdvisors@msn.com

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Filed under: Experts Invited, Financial Planning, Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc., Information Technology, Insurance Matters, Interviews, Investing, LifeStyle, Practice Management, Practice Worth, Professional Liability, Touring with Marcinko | Tagged: David Edward Marcinko, medical seminars, metaverse, podcasts | Leave a comment »

METAVERSE MEDICINE: Doctor, Patient Avatars Ahead?

Posted on May 23, 2024 by Dr. David Edward Marcinko MBA MEd CMP™

By WebMD

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READ HERE: https://www.webmd.com/a-to-z-guides/news/20220812/metaverse-medicine-doctor-patient-avatars-ahead

Cite: https://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

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Filed under: "Doctors Only", Career Development, iMBA, Inc., Information Technology, LifeStyle | Tagged: avatar, avatars, doctor, metaverse, metaverse medicine, Patient Avatars Ahead? | Leave a comment »

META [Facebook] Spends Very Big Money on Artificial Intelligence [A.I.]

Posted on April 26, 2024 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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Big Artificial Intelligence Spending Boosts Meta’s Cost Structure!

Meta [Facebook, FB] reported record Q1 revenue yesterday, but it was overshadowed by the billions the company is spending in its efforts to win the AI race and to try to make the metaverse happen. Investors were displeased with the company’s forecast that its spending will rise by $10 billion to support AI development, sending Meta’s stock price down 15% after hours.

Now, the metaverse is a vision of a virtual reality where people can socialize, work, play, and explore in immersive digital spaces.

But CEO Mark Zuckerberg urged them to keep the faith, saying, “We’ve historically seen a lot of volatility in our stock during this phase of our product playbook.”

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Filed under: "Advisors Only", "Ask-an-Advisor", Alerts Sign-Up, Financial Planning, Glossary Terms, Information Technology | Tagged: AI, artificial intelligence, Facebook, FB, HIT, IT, Mark Zuckerberg, Meta, metaverse, virtual reality | Leave a comment »

Me, Marcinko and Dr. Avatar [Metaverse?]

Posted on March 25, 2024 by Dr. David Edward Marcinko MBA MEd CMP™

The Virtual Doctor Will See You Now!

By Dr. David Edward Marcinko MBA CMP™

[Publisher-in-Chief]

Recently, I was invited to speak at a regional convention. No surprise there as I have been doing so – around the world – for more than twenty years – webcasts included. And, I was asked to submit the usual paraphernalia; a formal CV, audio-visual needs, travel arrangements and times, PPE, and a personal photo which were all dutifully supplied.

Then, I was asked to supply something that flabbergasted me; I became slack-jawed, actually.

DEM’s Avatar

Imagine my surprise when I was asked for an avatar; not just a digital photograph. So – having none – I had one made and now submit it for your review.

Photograph of Dr. David Edward Marcinko @ home

Avatar of Dr. David Edward Marcinko @ work

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Assessment

So, how do I virtually look – better or worse – glasses or contact lens? It seems as though some folks are more interested in the virtual me; than the real me. Go figure!

Conclusion

Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com

Our Other Print Books and Related Information Sources:

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Filed under: Information Technology, Touring with Marcinko | Tagged: avatar, Dr. David Edward Marcinko MBA, Marcinko's avatar, Me and My Avatar, metaverse, social media | 12 Comments »

DAILY UPDATE: Meta & Disney Cut More Jobs While the Stock Markets Bobble

Posted on April 20, 2023 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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Meta Platforms, the billionaire’s social media empire, will reportedly cut thousands more jobs. And the bloodbath is not over, according to the latest reports. Meta plans to eliminate thousands more jobs. According to Bloomberg News, an internal memo has been sent to managers, asking them to prepare for tough new announcements. The job cuts, which total 4,000, are expected to affect Facebook, WhatsApp and Instagram. They would also affect Reality Labs, the division that houses the group’s Metaverse projects — Quest virtual-reality headsets. In 2021 and 2022, Reality Labs, which is supposed to build the company’s next big thing, recorded a cumulative loss of nearly $24 billion, including $13.7 billion just last year.

And, Walt Disney Company plans to cut thousands of jobs next week, in another lay-off round that includes about 15% of the staff in its entertainment division, according to people familiar with the plans. Disney Entertainment will bear a significant chunk of the job cuts – with approximately 15% of the division’s staffers set to exit next week, according to a report. Disney has more than 200,000 employees across its various businesses.

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And now, the Markets:

The S&P 500 Index fell 0.35 point to 4154.52; the Dow Jones industrial average was down 79.62 (0.2%) at 33,897.01; the NASDAQ Composite was up 3.81 at 12,157.23.
The 10-year Treasury yield was up about 2 basis points at 3.60%.
CBOE’s Volatility Index was down 0.37 at 16.46.

Transportation was one of the top gainers among S&P 500 sectors yesterday, thanks in part to strength in United Airlines (UAL) and other top carriers. Real estate and financials were also higher, while oilfield services stocks were among the weakest performers due to a sharp drop in crude oil prices. WTI futures fell below $80, their lowest level in nearly three weeks.

Oil prices rallied at the start of this month after members of OPEC+ announced a production cut.

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Filed under: "Ask-an-Advisor", Alerts Sign-Up, Alternative Investments, Career Development, Experts Invited, Health Economics, Information Technology, Investing, LifeStyle | Tagged: Bloomberg, Disney, DJIA, DOW, Facebook, FB, gas, Instagram, Meta, metaverse, NASDQA, oil, Quest, Quest VR, real estate, S&P 500, stock markets, Treasury yields, UAL, VR, walt, WTI | Leave a comment »

The DENTA-VERSE [A Dental Web 3.0 & Virtual Reality Community

Posted on March 30, 2023 by Dr. David Edward Marcinko MBA MEd CMP™

Connecting the future of dentistry in 3D

By Staff Reporters

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Dentaverse was born in the heart of Europe between young professionals. A combination of Dental, Finance, 3D and web professionals coming together to connect dental dots. In doing so Dentaverse has grown in to a deep integration of dental know-how and innovative technologies like: Metaverse (VR), blockchain, web3 tech and education.

Accelerating personal and professional growth by connecting dental students, universities, professionals and suppliers in virtual reality.

WEBSITE: https://www.dentaverse.io/

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Filed under: Alternative Investments, Ethics, Information Technology, Investing, Professional Liability, Pruitt's Platform | Tagged: 3D dentistry, DDS, Denta-Verse, dental work, Dentaverse, dentistry, DMD, future dentistry, google, Google Health, metaverse | Leave a comment »

DAILY UPDATE: The Metaverse, Nvidia, Tesla and Mixed US Equities

Posted on February 15, 2023 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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Microsoft (MSFT) ended a project that aimed to encourage the use of the Metaverse in industrial environments just four months after it was formed, according to a new report by The Information. The 100 members of the team have been laid off as the company wants to prioritize shorter-term projects over those needing longer to generate meaningful revenue.

Tech, led by Nvidia and Tesla, had it better than other sectors.

CITE: https://www.r2library.com/Resource/Title/0826102549

U.S. equities finished mixed, as investors digested the highly anticipated Consumer Price Index report, and its potential impact on the Fed’s future monetary policy decisions. The headline rate and core rate—excludes food and energy—both rose in line with estimates, but on a year-over-year basis inflation came in slightly hotter than expected. In other economic news, small business optimism rose slightly less than anticipated, and remained below its 48-year average for the thirteenth month in a row.

Earnings results were mixed, as Marriot International and Dow component Coca-Cola both bested EPS estimates and provided upbeat outlooks, while Restaurant Brands International missed earnings expectations, but increased its quarterly dividend.

Treasury yields were higher following the inflation data, and the U.S. dollar nudged lower, while crude oil prices fell, and gold was modestly higher in choppy trading. Asian stocks were mostly higher as markets in the region awaited the CPI report, while European stocks mostly added to its strong year-to-date gains amid the inflation data.

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Filed under: "Ask-an-Advisor", Financial Planning, Health Economics, Information Technology, Investing, LifeStyle | Tagged: Asian stocks, Coca-Cola, Consumer Price Index, CPI, equities, European stocks, gold, inflation, markets, metaverse, microsoft, NASDAQ, Nvidia, S&P 500, stock markets, Tesla | Leave a comment »

METAVERSE: In Banking and the Financial Services Industry

Posted on January 8, 2023 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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Practical applications in financial services

Among practical applications provided by the Metaverse, its ability to create virtual environments for people to connect may severely impact the financial industry. The employment of VR and AR during COVID-19 and remote work conditions enabled greater collaboration in teleconferencing where professionals used annotating, chatting and screen-sharing features, allowing them to work efficiently while not in the same physical space.

VR and AR can also be used by financiers in individual capacities, particularly with data visualization, aiding them in analyzing financial risks, providing more precise services to customers. This raises the bar on their expectations, stimulating competition and innovation in the market.

Moreover, virtual environments can be used in consumer-oriented manners. The creation of digital shopping environments in the Metaverse acts as a hub for companies to reach a wider range of consumers without geographical constraints, allowing for greater exposure. Such virtual shopping hubs can employ digital payment means so that transactions take place entirely within the realm of the Metaverse.

Through digital means, financial advisors can provision for greater convenience, signifying a shift in the industry, and broadening the scope of the services clients can be provided with, such as AR being used to simulate different financial scenarios so that customers can visualize them with ease. With the progression of the Metaverse in finance and banking, the next developments could see the creation of fully-digital bank branches, diminishing or perhaps eliminating the need for physical ones. Such client centric developments can either build upon existing consumer experiences or create entirely new ones.

A main attractive feature of using VR or AR is the ability to superimpose a wider range of information digitally, which mobile devices or computer screens would not accommodate. Thereby, complementing existing mobile banking apparatus, such as apps that showcase customers’ account balances or direct them to the nearest bank branches using AR.

CITE: https://www.r2library.com/Resource/Title/082610254

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Why are Banks Entering the Metaverse?

Some people are concerned about whether there is anything for banks to benefit from entering the metaverse. There are a host of new opportunities for banks in the metaverse. So, tet’s look at the most important ones

Firstly, they are working with the idea that being the early adopters by entering the field before others will give them an advantage over latecomers in the future. That is why they are investing in potentially strategic locations in the metaverse.

Secondly, some digital banks imagine that the metaverse has the potential for the banking industry to reinvent transactions for a three-dimensional (3D) world. That is why they are experimenting with it. The primary objective has been to learn new ways of meeting the needs of their customers who are crazy about trending technologies. With metaverse, it could be possible to enable customers to pay bills, check balances, and transfer money using VR or AR channels.

Thirdly, as the younger generations are becoming more attracted to crypto-friendly banks, NFT marketplaces, and other blockchain-based platforms, digital banks are looking for unconventional ways to improve their brand image. So, a smart marketing strategy is to create the presence of their brands in the metaverse and win the hearts of their customers through their show of modernity.

Fourthly, the metaverse can offer new ways for banks to engage with their customers. A customer could stay at home and interact with an avatar concerning any business they have with their bank. This technology can be used to deliver personalized financial advice, product recommendations, and even financial planning.

Finally, entering the metaverse is a way for digital banks to pool highly talented employees. It makes them attractive to professionals such as data scientists, developers, and other IT experts who have been working in this developing field and are looking for job opportunities that can bring out the best in them. For example, the metaverse has the potential for use in on-boarding remote workers and training employees on safety and other aspects of their jobs using simulated environments.

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Filed under: "Ask-an-Advisor", Accounting, Alternative Investments, Information Technology, Investing, Taxation | Tagged: banking, Banking and the Financial Services Industry, financial services industry, Meta, metaverse, METAVERSE: In Banking and the Financial Services Industry | 1 Comment »

PODCAST: Podiatric Medicine in the Metaverse!

Posted on January 7, 2023 by Dr. David Edward Marcinko MBA MEd CMP™

Closer than You Think?

By Staff Reporters

An interactive look at how the health space — from education to therapeutic support — is evolving with virtual reality.

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When Dr. Linda Ciavarelli tried out her 13-year-old son’s new Quest headset for the first time, she saw the future.

Specifically, the podiatry specialist in Wilmington, Delaware saw a new way to make health information accessible — an idea that is now a functioning Horizon Worlds space called HouseCall VR.

READ HERE: https://technical.ly/software-development/healthcare-virtual-reality-metaverse/

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DHITS: https://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

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Filed under: "Doctors Only", Experts Invited, Information Technology, Interviews, Research & Development, Videos | Tagged: DPM, healthcare, healthcare metaverse, metaverse, podiatry | Leave a comment »

METAVERSE: Expert Consensus in Medicine?

Posted on January 7, 2023 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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A multi-disciplinary panel of doctors and IT experts from Asia, the United States, and Europe analyzed published articles regarding expert consensus on the Medical Internet of Things, with reference to study results in the field of metaverse technology.

READ HERE: https://reader.elsevier.com/reader/sd/pii/S2588914122000016?token=4509ACBB9748F76769BCB6562B7413EAFAA5D83509412E53E17AC36F08A581B66B0F4E7B2D31A444F80A603E8FF22792&originRegion=us-east-1&originCreation=20221015174759

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MEDICINE: https://www.amazon.com/Business-Medical-Practice-Transformational-Doctors/dp/0826105750/ref=sr_1_9?s=books&ie=UTF8&qid=1287563112&sr=1-9

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CITE: https://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

CITE: https://www.r2library.com/Resource/Title/082610254

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Filed under: "Doctors Only", Breaking News, Career Development, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, LifeStyle, Quality Initiatives, Research & Development | Tagged: Expert Consensus in Medicine?, healthcare metaverse, medical metaverse, metaverse | Leave a comment »

METAVERSE: Dentistry and Dental Education

Posted on November 30, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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The use of artificial intelligence (AI) is now a reality in dentistry. A significant advancement is the use of haptic gloves that would let dental students feel virtual objects while practicing suturing or giving a nerve block – this can significantly improve the students’ technique over time and give them, for example, immediate feedback with respect to needle point insertion.

While initial costs for such systems might seem high now, the hardware is proven to be cost-effective in the long term.

READ HERE: https://www.nature.com/articles/s41415-022-3990-7

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DHITS: https://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

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Filed under: "Doctors Only", Breaking News, Career Development, Information Technology, Quality Initiatives | Tagged: DDS, dental education, dentistry, DMD, metaverse, METAVERSE: Dentistry and Dental Education | 1 Comment »

METAVERSE: Potential in the Healthcare Industry

Posted on October 16, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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The metaverse could be a huge technological change for health care, just like telemedicine and mobile device integration were in the past.

This technology has huge potential because it uses both virtual reality (VR) and augmented reality (AR) technology to work in virtual spaces: All signs point to the metaverse being widely used as a disruptive change in healthcare, from better surgical precision to therapeutic uses to social-distance accommodations and more.

To help you understand how the metaverse development services will change healthcare as a whole, let’s take a look at the pros and cons of this technology that are already making a difference in healthcare.

READ HERE: https://factstea.com/potential-metaverse-healthcare-industry/

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DHITS: https://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

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Filed under: "Doctors Only", Experts Invited, iMBA, Inc., Information Technology, Research & Development | Tagged: AI, AR, metaverse, Metaverse healthcare, METAVERSE: Potential in the Healthcare Industry, virtual reality, VR | 1 Comment »

The ME-P is Seeking Healthcare “Metaverse” Input

Posted on March 31, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

By Ann Miller RN MHA

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Facebook’s latest release, Meta, is said to be the next evolution of social connection. A virtual, 3D network that allows connection and collaboration in ways many of us have never even considered! And while many are buzzing over how Meta will shape everything from education to healthcare – we are eager to get your opinion on our own ME-P ecosystem.

Can patients trust Facebook and others again?

Are you interested in exploring a new platform for connection?

Have you subscribed to the ME-P?

We want to hear all about it! We’re actively collaborating to bring your perspectives to the discussion around the Metaverse and the patient, economics, finance and healthcare community.

If you have insights or experiences to share – just comment and/or let us know.

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Filed under: Career Development, Ethics, Financial Planning, iMBA, Information Technology, LifeStyle, Practice Management | Tagged: Facebook, FB, ME-P, medical executive post, Meta, metaverse, Seeking Healthcare 'Metaverse" Input | Leave a comment »

METAVERSE: Healthcare Transformation -OR- Not?

Posted on March 9, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

By Bertalan Meskó, MD PhD
The Medical Futurist

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HOW THE METAVERSE COULD (OR COULD NOT) TRANSFORM HEALTHCARE

If you’ve browsed the internet in the last couple of months, the term ‘metaverse’ is likely to have been thrown at you at least once. Facebook rebranded itself after the concept and other companies are adopting the metaverse with their own spin; betting heavily that it will be the next iteration of the internet where we will work and play alike.

It was time to dive into what the metaverse could mean to delivering healthcare.

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Filed under: "Doctors Only", Career Development, Experts Invited, Information Technology | Tagged: Bertalan Meskó, health information technolgy, Health tech, health technology, HIT, Meta, metaverse | 1 Comment »

UPDATE: The Markets, Crypto and Metaverse for Doctors

Posted on February 15, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

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By Staff Reporters

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MARKETS: Stocks ticked lower as investors fretted over an upcoming interest rate hike from the Federal Reserve and a potential Russian invasion of Ukraine. With all the chatter of conflict in Europe, everyone’s watching whether oil prices will hit $100 a barrel—they didn’t budge yesterday.

CRYPTO: SEC Chair Gary Gensler said thr crypto firm BlockFi would pay $100 million to the SEC and 32 states over charges that it had violated securities law. The penalty is the agency’s largest ever against a cryptocurrency company. BlockFi, a banklike crypto company backed by Peter Thiel, didn’t admit or deny the SEC’s findings but did agree to stop opening new lending accounts to customers in the US.

METAVERSE: For doctors, nurses and healthcare professionals who’ve spent the last few years hunched over laptops smiling pleasantly into a Zoom meetings, burnout has been pervasive. Zoom fatigue is now a widely recognized work-induced malady studied by university researchers, and many remote workers say they have trouble balancing work and their personal lives. With images on screens surrounding remote healthcare workers like a labyrinthine maze of fun-house mirrors, it might seem like the last thing a burned out medical provider needs is to strap on a VR headset to detach from the rigors of the digital medical workplace.

Nevertheless, some health care organizations are transporting their workers to the metaverse—a network of connected, 3D, virtual environments where people can interact through avatars and spatial audio—as a means of combating stress. But, for any organization curious about the metaverse, Jeremy Bailenson, a professor of communication and the founding director of the Virtual Human Interaction Lab at Stanford University, advises having a specific task in mind, such as addressing burnout or building camaraderie. “VR wins when it solves a hard problem,” he said.

The broader question of how organizations will further incorporate virtual reality into their mental health programs and rapport-building exercises is largely unanswered at this point, he added. Bailenson believes VR is a “home run for clinical use cases.” But “for this general burnout, it’s probably going to be a good tool for some people, but not a magic pill.”

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Filed under: Alerts Sign-Up, Health Economics, Information Technology, Investing, Sponsors | Tagged: BlockFi, DJIA, FOMC, Gary Gensler, Jeremy Bailenson, metaverse, NASDAQ, Peter Thiel, S&P, VR, zoom | 1 Comment »

UPDATE: Stock Markets, the IRS, Covid-19 and Jobs

Posted on February 4, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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Stock Markets: The NASDAQ dropped 3.7% as the Metaverse [Facebook] earnings disaster sent investors fleeing technology shares:

S&P 500: 4,477.41, down 2.44%
Dow Jones Industrial Average: 35,111.16, down 1.45% (518.17 points)
Nasdaq Composite: 13,878.82, down 3.74%

But, Snap Inc. and Pinterest Inc. came roaring back after upbeat results eased fears that a slowdown at rival Facebook reflected an industry-wide social media slump.

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Activision: https://www.msn.com/en-us/money/technology/activision-blizzard-earnings-miss-estimates-after-microsoft-deal/ar-AATrEEG?li=BBnb7Kz

CITE: https://www.r2library.com/Resource/Title/082610254

IRS: Regardless of the stock markets, the IRS just assembled a ‘surge team’ of 1,200 staffers to tackle filing backlogs and the busy tax season this year.

COVID-19: Medicare to start paying for at-home tests.

JOBS: The January jobs report due this morning will have several Covid issues that will make the numbers extremely confusing to interpret (folks out sick with Omicron, for example).

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Filed under: Alerts Sign-Up, Investing | Tagged: DJIA, Facebook, Investing, metaverse, NASDAQ, S&P | Leave a comment »

UPDATE: The Markets, IRS and Hedge Fund Billionaires

Posted on February 3, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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Stock Markets: S&P 500, DJIA and NASDAQ booked their 4th straight day of gains with technology shares in focus.

And, Facebook rattled investors by posting a rare profit decline, driven by the company’s heavy spending on its vision for a so-called Metaverse while simultaneously confronting advertising challenges on its existing services. The company, formerly known as Facebook, posted net income of nearly $10.3 billion in the final three months of last year, a decline 8% from the same period in the prior year and below Wall Street analysts’ projections. For Meta, the disappointing earnings add to its challenges. It’s in the middle of a number of regulatory fights and also looking to justify its strategic shift to bet on an immersive internet known as the metaverse. Meanwhile, other platforms like TikTok and YouTube are gaining ground with younger users.

Several other social media companies also fell hard after the bell, including Twitter, Pinterest and Spotify, which also released disappointing results. And PayPal fell hard, too!

IRS: The Internal Revenue Service is adding about 1,200 employees to its rolls to help the agency navigate what will likely be one of the most challenging tax filing seasons in years.

Mike Milken: Is headed to the latest power base for U.S. financiers and politicians: South Florida. The income tax-free, palm tree-lined oasis is where New York’s ultra-wealthy have long decamped for the winter, but are increasingly making their permanent home. The 75-year-old billionaire kicks off the first Milken Institute South Florida Dialogues on Friday. The six-day preliminary agenda of island and mansion hopping has Ken Griffin talking national security in South Beach, and Sonia and Paul Tudor Jones hosting tennis matches at their oceanfront Palm Beach estate Casa Apava. The format is similar to the dialogues he’s presented in the Hamptons for years.

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Filed under: Accounting, Alerts Sign-Up, Investing, Taxation | Tagged: billionaiires, DJIA, Facebook, Hamptons, Investing, IRS, metaverse, Mike Mlken, NASDAQ, Paukl Tudor Jones, PAYPAL, Pinterest, S&P, Spotify, tax, twitter | Leave a comment »

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