

AI in Healthtech

Artificial intelligence simplifies the lives of patients, doctors and hospital administrators by performing tasks that are typically done by humans, but in less time and at a fraction of the cost. Whether it's used to find new links between genetic codes or to drive surgery-assisting robots, artificial intelligence is reinventing — and reinvigorating — modern healthcare through machines that can predict, comprehend, learn and act.
Incomplete medical histories and large case loads can lead to deadly human errors. Immune to those variables, AI can predict and diagnose disease at a faster rate than most medical professionals. In one study, for example, an AI model using algorithms and deep learning diagnosed breast cancer at a higher rate than 11 pathologists. We can develop machine learning technology to assist pathologists in making more accurate diagnoses. Goals that include are reducing error in cancer diagnosis and developing methods for individualized medical treatment. With the help of AI we can work with drug developers to expand its AI technology into other healthcare industries.The trend of large health companies merging allows for greater health data accessibility. Greater health data lays the groundwork for implementation of AI algorithms.