Five Industries Being Transformed By Artificial Intelligence

Technology is a transformative force, and there is currently no technology more transformative than AI. Because AI encompasses so many different fields -- from robotics to deep learning to self-driving cars -- it can be hard to quantify the exact impact it has had on the economy and on individual industries. Whether you're heavily involved within the industry or an outside observer, by examining the different use cases and successes (or failures) that AI has been a part of, you can gain a better understanding of how to implement AI within your own organization, and how to generate the most value from it. Given the lucrative opportunities available, it is unsurprising that both established players in the health care industry (i.e., hospitals, pharmaceutical companies, insurers, etc.) and startups are looking to utilize AI to maximize their impact. A 2018 report revealed that health care-focused AI startups alone have raised $4.3 billion since 2013, more than startups in any other industry.