Is the biopharma industry right to be skeptical about AI? - MedCity News

As scientists, we are no stranger to skepticism, having been taught to look at everything critically. While doling out skepticism, we also come across it often when working with other healthcare leaders or fielding questions from audiences at conferences or pitching an AI approach to investors. Much of the healthcare industry is still stuck in the 20th century, and hence, it is not so surprising that new technologies such as an AI-driven approach to biopharma may be met with raised eyebrows and thought to be doomed to failure from the outset. On the one hand, we have people saying that AI could revolutionize biopharma and help us to discover new treatment options, with Deloitte predicting that the AI/biopharma industry will be worth $3.88 billion by 2025. On the other, we have Elon Musk warning that AI could spell the end of civilization as we know it.