emily: esther dyson, robert middendorf.lking more series asruption when continues after the break. ♪ emily: this is "bloomberg west." now back to our weekly vc roundtable, this week focused on investing in health tech. i sat down with as the dyson of edventure holdings and robert mittendorf, and asked if the disruptive thinking of silicon valley applies. esther: it is more new markets. right now, they are probably too many obesity and diabetes prevention programs. and an investor in omada, i'm interested in watching blue mesa health, solara health, a others -- bunch of others. because it is such a huge problem, it is going to be huge. sleep monitoring is going to get better, and people are going to realize how important it is. everybody is going to get not just a pulse monitor, but, if you have any indications of owner ability, some -- vulnerability, some kind of real-time ekg that is a lot more sensitive than just your pulse. you will be able to detect stuff. more interestingly you are going to be able to change it,, becau

emily: that was esther dyson and -- china formally legalizing the gig economy.d others stand to benefit. this is bloomberg. ♪ emily: ride-sharing in china just got greenlit. the chinese government plans to legalize car hailing services in november, benefiting companies like uber. the lock clears a regulatory uncertainty and lays out a new frameworwhich allows them to operate. peter l. stremme explains the details from the bloomberg tokyo bureau. not surprising that these is is -- that these businesses would be operating in a legal gray area, but how in particular has this law changed? peter: this is a significant decision because you have the world's second-largest economy saying in a stroke that ride hailing will be legal within the country while regulatory battles are being waged across the rest of the globe. for the chinese government to say that right hailing will be allowed and legal is a significant step forward. as you mentioned, the market has a lot of potential for both didi and uber. that's not just because of the size of the market because china is wr

esther dyson of 23 and me and robert middendorf, partner at norwest venture partners. asking them why health tech has suddenly grabbed the attention of traditional vc. esther: the affordable care act says you will be paid to keep people healthy. it is not totally happening yet, and it is amazing how slow the medical system is to respond to incentives, just the way people are slow to take care of their own health. but it is beginning to happen. the financial flows are changing. the health systems are beginning to realize we can make money by preventing diabetes as well as treating it. robert: i think we have seen three major shifts. we saw the market for the digitized health care information start with a high tech act. you had the government basically funded $30 billion of an industry to digitize health care. i think then the affordable care act, as esther said, changed how doctors and health systems are paid. they are becoming more and more paid on an episode or kind of a warranty like care model. the third thing is, we have seen the consumer adopt, as well as physicia