Artificial Intelligence Transforming the Healthcare Industry

Technology has a major role to play in every industry today including healthcare. Artificial intelligence (AI) is one such technology which seems to be spreading its reach to all aspects of healthcare. A new Worldwide Semiannual Cognitive/Artificial Intelligence Systems Spending Guide has estimated that the spends on AI technologies will increase from $8 billion in 2016 to $47 billion in 2020. With this kind of investment, the healthcare industry seems to be betting big on cognitive and AI systems. Be it virtual assistants, intelligent automation, or cognitive computing, AI is definitely set to make a big impact on various aspects of healthcare, some of them being operations, patient-centric care, and precision medicine.