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Will big data cure cancer?

While there's a lot of breathless talk about the potential of big data to do just that, Greg Simon, the Executive Director of the White House's Cancer Moonshot Taskforce, is a skeptic--at least for now.

"What big data?" asked Simon speaking at Fortune's Brainstorm Health conference in San Diego Wednesday. "We have in the health system, what is basically insider trading. I know something you don't know. You know something I don't know. When I need to know what you know, I call you, I email you. You fax me stuff."