Aug 4, 2020

3 Ways Artificial Intelligence Will Change Healthcare

Posted by in categories: biotech/medical, business, robotics/AI

It’s no secret that healthcare costs have risen faster than inflation for decades. Some experts estimate that healthcare will account for over 20% of the US GDP by 2025. Meanwhile, doctors are working harder than ever before to treat patients as the U.S. physician shortage continues to grow. Many medical professionals have their schedules packed so tightly that much of the human element which motivated their pursuit of medicine in the first place is reduced.

In healthcare, artificial intelligence (AI) can seem intimidating. At the birthday party of a radiologist friend, she gently expressed how she felt her job would be threatened by AI in the coming decade. Yet, for most of the medical profession, AI will be an accelerant and enabler, not a threat. It would be good business for AI companies as well to help, rather than attempt to replace, medical professionals.

In a previous article, I expressed three ways in which I consistently see AI adding value: speed, cost and accuracy. In healthcare, it’s no different. Here are three examples of how AI will change healthcare.

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