What Will it Take for AI to Live Up to its Hype?

The pharmaceutical industry is expected to spend more than $3 billion on artificial intelligence by 2025 – up from $463 million in 2019. AI clearly adds value, but advocates say it is not yet living up to its potential. There are many reasons the reality hasn't yet matched the hype, but limited datasets are a big one. Given the enormity of available data collected every day – from steps walked to electronic medical records – scarcity of data is one of the last barriers one might expect. The traditional big data/AI approach uses hundreds or even thousands of data points to characterize something like a human face.