How Do Artificial Intelligence, Machine Learning Differ in Healthcare? – Elogic Square Analytics

If the futurists, visionaries, and venture capitalists are to be believed, artificial intelligence is right on the cusp of becoming the most important breakthrough for healthcare since penicillin. Self-driving cars, scary-smart advertising, and virtual home assistants are just the beginning, they proclaim. Hospitals must brace themselves for a complete transformation – a revolution – a total makeover of every aspect of patient care. If the amount of money riding on "artificial intelligence" breakthroughs is any guide, it won't be long before the first chat bot bursts through the barrier of the Turing Test. A new report from MarketsandMarkets pins the healthcare artificial intelligence sector at 7.98 billion dollars in 2022, accelerating at a wild compound annual growth rate (CAGR) of 52.68 percent over the forecast period.