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'Silicon Valley Is Missing Unicorns Because It Doesn't Understand Poor People' (cnbc.com)

An anonymous reader writes: Silicon Valley might be hunting unicorns in the wrong places. According to one top federal health official, entrepreneurs and investors are overlooking one massive population: Low-income Americans who qualify for Medicaid. That's a big mistake, given that new funds are available for those that are bringing IT innovation to the space, said Medicaid chief medical officer Andrey Ostrovsky. "My gut is that it's a big opportunity with $500 billion in federal spend every year in a system that hasn't evolved technologically much since 1965," Ostrovsky said. "There are unicorns sitting in there," he added.

2 of 202 comments (clear)

  1. Renewal App by Anonymous Coward · · Score: 4, Funny

    How about an app that signals when it's time for your renewal and gives you bus directions to the closest carousel?

  2. Re:Low income people who qualify for medicaid by Anonymous Coward · · Score: 2, Funny

    Unfortunately they've overlooked the fact that the poor (except maybe the homeless) can't afford to move, it's the wealthy who are mobile.

    This is a true point. It would actually make sense to fund bus tickets out of the area in a cynical way. Essentially saying we won't pay for the poor to stay but we will help them leave.

    This sounds like a good idea, trains may be cheaper though. I think if we can identify all the poor, maybe with a little badge or something, then we can round them up once there's enough to fill the first train.