With the advent of information technology, we are now able to collect and analyze large sums of data. It is not uncommon now to hear in the mass media terms such as artificial intelligence, business analytic, data mining, neural networks and the like. This is somewhat of a new phenomenon because of the cost of computing is reasonable for performing complex calculations and the storage of large sums of data. In the medical industry informational technology is deployed in many ways, e.g. medical imaging, patient record keeping and biochemistry research. There are some that propose that this informational technology boom will be utopic and societies will be more efficient — there is a downside that is quite dystopic. This downside is an erosion of privacy and security of such personal medical information. In this essay the I will explore the privacy paradox and the positive and negative effects of this informational technology boom in the medical industry.