Kamen [Stuart Isett/Fortune Brainstorm Green/Creative Commons]

Dean Kamen, the inventor of the Segway, an advanced prosthetic arm for Darpa, and numerous medical devices freeing up the lives of diabetics, says the next big thing is not robots or artificial intelligence, but engineered organs that will not be rejected by the body.

  • People with a diseased liver, heart or kidney will receive a new one, fashioned from their own cells. Kamen tells Axios that such organs will be somewhat available in five years, and widely used within a decade. "You won't need immunosuppressants, because it will be your organ," he said.
  • Between the lines: Kamen said engineered organs will be relatively cheap, and will be made as easily as an iPhone. "People think the big stuff is the cloud and artificial intelligence," he said. "I think the next big thing is regenerative medicine."
  • Kamen has raised about $300 million, including $80 million from the U.S. Defense Department, for a consortium of researchers working on regenerated organs.

Go deeper

Updated 2 hours ago - World

Pandemic plunges U.K. into "largest recession on record"

The scene near the Royal Exchange and the Bank of England in the City of London, England. Photo: Tolga Akmen/AFP via Getty Images

The United Kingdom slumped into recession as its gross domestic product GDP shrank 20.4% compared with the first three months of the year, the Office of National Statistics (ONS) confirmed Wednesday.

Why it matters: Per an ONS statement, "It is clear that the U.K. is in the largest recession on record." The U.K. has faired worse than any other major European economy from coronavirus lockdowns, Bloomberg notes. And finance minister Rishi Sunak warns the situation is likely to worsen.

Updated 2 hours ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

The United Kingdom slumped into recession on Wednesday, as its gross domestic product GDP shrank 20.4% compared with the first three months of the year.

By the numbers: Over 741,400 people have died of the novel coronavirus globally and more than 20.2 million have tested positive, per Johns Hopkins. Almost 12.6 million have recovered from the virus.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 20,294,091 — Total deaths: 741,420— Total recoveries: 12,591,454Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 5,141,207 — Total deaths: 164,537 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. States: Georgia reports 137 coronavirus deaths, setting new daily record Florida reports another daily record for deaths.
  4. Health care: Trump administration buys 100 million doses of Moderna's coronavirus vaccine.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. Sports: Big Ten scraps fall football season.
  7. World: Anthony Fauci "seriously" doubts Russia's coronavirus vaccine is safe