Re:In Defense of Theranos
by KaiserPro on Monday November 23, 2015 @05:46AM
(#10613858)
"Theranos’ biggest “mistake” was running two businesses at once."
No, it was being shit at what it was supposedly meant to be good at. People don't go back to Uber because it offers a good vision, they go back because its easer/cheaper/more convenient.
Charging money for blood tests that are hilariously inaccurate, and then allowing them to be used as the basis for life changing decisions is precisely why these industries are regulated.
This is so that "moron in a hurry" or "the man on the clapham omnibus" doesn't get killed because he(or she, or their health professional after some extra profit) chose the wrong service to do blood tests.
Basically what is being advocated is the pursuit of money at the expense of human life.
On a purely capitalistic level, Theranos didn't work. It's weak and therefore should be mercilessly exploited till it dies.
No, it was being shit at what it was supposedly meant to be good at. People don't go back to Uber because it offers a good vision, they go back because its easer/cheaper/more convenient.
Charging money for blood tests that are hilariously inaccurate, and then allowing them to be used as the basis for life changing decisions is precisely why these industries are regulated.
This is so that "moron in a hurry" or "the man on the clapham omnibus" doesn't get killed because he(or she, or their health professional after some extra profit) chose the wrong service to do blood tests.
Basically what is being advocated is the pursuit of money at the expense of human life.
On a purely capitalistic level, Theranos didn't work. It's weak and therefore should be mercilessly exploited till it dies.