Top AI and Machine Learning Trends of 2018

We've come a long way since the term artificial intelligence (AI) was coined by AI luminary John McCarthy at Dartmouth in 1955. Sixty-three years later, AI is transforming healthcare, fintech, and other industries across the spectrum. While the quest for a truly humanlike AI continues, advancements in big data and machine learning (ML) have helped AI go mainstream. According to Accenture, the U.S. AI healthcare market is projected to reach $6.6 billion by 2021--a compound annual growth rate (CAGR) of 40 percent. Medical imaging and diagnostic companies are fueling much of AI's growth in health tech. For example, Arterys, a cloud-based AI assistant for radiologists, received FDA clearance for analyzing images of lung and liver tumors with its Oncology AI suite in February 2018.