Economic values are not as significant as social values. Talk about the aforementioned claim in terms of a country’s inclusive development, providing examples. (150 words) [UPSC 2015]
AI is transforming the healthcare industry in several impactful ways: Diagnostics and Imaging: AI algorithms analyze medical images (like X-rays, MRIs, and CT scans) with high precision, assisting radiologists in detecting conditions such as tumors and fractures more accurately and quickly. PredictiRead more
AI is transforming the healthcare industry in several impactful ways:
- Diagnostics and Imaging: AI algorithms analyze medical images (like X-rays, MRIs, and CT scans) with high precision, assisting radiologists in detecting conditions such as tumors and fractures more accurately and quickly.
- Predictive Analytics: AI models analyze patient data to predict disease outbreaks, individual health risks, and potential complications. This helps in early intervention and personalized treatment plans.
- Personalized Medicine: AI helps tailor treatments to individual patients by analyzing genetic information and medical history, leading to more effective and targeted therapies.
- Drug Discovery: AI accelerates the drug development process by predicting how different compounds interact with biological targets, identifying potential new drugs faster and more cost-effectively.
- Virtual Health Assistants: AI-powered chatbots and virtual assistants provide patients with immediate responses to health-related queries, manage appointments, and offer medication reminders, improving access to care.
- Operational Efficiency: AI optimizes hospital operations by streamlining administrative tasks, managing patient flow, and improving resource allocation, leading to cost savings and better patient care.
- Remote Monitoring: AI enables continuous monitoring of patients through wearable devices, allowing real-time health tracking and timely interventions.
These advancements are enhancing diagnostic accuracy, treatment personalization, and overall efficiency in healthcare, ultimately leading to better patient outcomes.
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National economic development depends on social values which consist of equity combined with justice alongside inclusivity and well-being to ensure economic benefits achieve every demographic section of society. The meaningfulness of economic variables including GDP growth and industrialization andRead more
National economic development depends on social values which consist of equity combined with justice alongside inclusivity and well-being to ensure economic benefits achieve every demographic section of society. The meaningfulness of economic variables including GDP growth and industrialization and market efficiency requires social development to take place simultaneously.
Why Social Values Are More Important for Inclusive Growth
1. The lack of social inclusion along with economic development creates social inequalities in societies. Despite rapid growth of India’s GDP numerous social inequalities persist in education and healthcare as well as gender equality which prevents actual progress from occurring.
2. Human capital development in Scandinavian nations approaches education and healthcare support as drivers of prolonged economic growth while reaching high living standards.
3. Strategic social welfare programs as observed in Germany’s social market economy design create persistent economic stability with social equilibrium.
4. Sustainability and Environmental Ethics suffer because economic pursuits that damage the environment create severe problems such as climate change. The Bhutan Gross National Happiness Index serves as an example of social values that sustain development through holistic progress.
National success in economics requires harmonizing with social needs to achieve both sustainable expansion and inclusion throughout the nation. Economic growth achieves its best qualities through social value prioritization which leads to an equitable and resilient society where benefits reach every citizen.
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