Is Artificial Intelligence the Next Big Thing in Biotech?

The healthcare industry is not immune to software and technological advancements. In fact, the use of emerging technologies like artificial intelligence (AI) has gradually begun to revolutionize research activities in the industry. Major advances in science and technology are also likely to improve diagnosis and treatment in the future. The pharma/biotech industry has started adopting artificial intelligence, the simulation of human intelligence processes by machines, especially computer systems, albeit slowly. It is touted as the next big emerging technology in the biotech industry as it can drastically reduce time and costs involved in developing life-saving drugs.