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Welcome to this session of grand rounds, a collection of posts I have discovered in the blogosphere and have found of interest and hope you do too.

This offering of Grand Rounds looks at articles from around the web that deal with trading time for money and how to maximize it.

 

 

Automation.

As the wheels of progress continue to turn there can be some side effects that have major impacts to our very livelihoods.

The field of artificial intelligence has grown by leaps and bounds in a relatively short time frame.

This growth is almost at an exponential scale and it is easy to envision a day when artificial intelligence will surpass human intelligence/capabilities in all aspects.

AI has already started to infiltrate the world of medicine, with computer aided detection (CAD) in breast mammography as an example.

Right now I consider AI in radiology at its infant stage.

It does not quite have the finesse of actual human eyes looking at an image on a screen.

It does not yet account for the subtle nuances that often guide a radiologist to a more accurate diagnoses such as incorporating clinical history or other diagnostic/laboratory results in the current workup.

But I would be a fool to think that this can not be achieved by computers in the near future.

What does this mean for the future of radiologists?

Alex Logsdan, M.D. pens a wonderful article on this very question for The Health Care Blog in, “Are Radiologists Prepared For The Future?”

Even if you are a physician in another specialty, do not be naive and think you will be spared.

I have no doubt that once radiology is conquered, our computer overlords will be going after you next.

 

 

At some point when you are considering exiting your profession you are faced with a choice.

Do you pull it off like a Band-aid and fully retire?

Or do you instead gradually reign in your workload and take a glide path approach, transitioning through part-time first?

If you are in the latter camp, Doc Of All Tradez shares some insights of going part time in, “Why Working Part-Time May Not Be A Good Idea:  A Response.”

 

 

You work hard to earn your degree and set out in practice.

So it makes sense that you should really ensure that you are fully receiving the financial rewards from your labor.

But a lot of us do not scrutinize the I’s and O’s of our business and thus may allow money to escape.

White Coat Investor helps us focus to recapture some of this lost money in, “Are You Leaving Money On The Table?”

 

 

It is nice to be able to enter an occupation where the income is considered high.

But of course there are downsides you need to be aware of for these high paying professions.

In medicine especially, downsides include being in a high stress environment.

In fact 50% of the top 6 high pay, high paying, high stress jobs belong to those in the medical field.

Four Pillar Freedom calls attention to this income stress relationship in the post, “Visualizing Stress Vs Salary for 600+ Occupations.”

Are you stressed out from that last article?

There is no doubt that being a physician is stressful, but at least we are appropriately compensated for it right?

Not so fast.

Like many people we focus on the final high salaries attending get and not what it takes to get there.

Fortunately Best Medical Degrees does a graphical breakdown of the hourly wage a physician makes and compares it to being a teacher in, “The Deceptive Salary of Doctors.”

 

 

 

 

Hope you enjoyed the reading material.

Have a great rest of the week.

 

 

Note:

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