In part 2 of China in AI, we look at how the biggest companies in China are positioning themselves to become global leaders in smart city solutions, autonomous driving, conversational AI, and predictive healthcare. China's internet may be sandboxed from the rest of the world, but China's big tech companies are bringing their AI capabilities to the global market. Tencent, Baidu, and Alibaba (collectively called BAT) are positioning themselves to become the AI platforms of the future. Join us for a live briefing as we dive into the Chinese government's AI strategy, what tech giants like Alibaba and Tencent are doing, startup activity, and much more. Tencent, which runs WeChat, has access to over 1B users on its platform, while Baidu is the country's largest search provider, and Alibaba is its biggest e-commerce platform. In addition, all 3 offer services well beyond their core products, and like the biggest tech giants in the US have far-reaching global ambitions. BAT is expanding into other countries in Asia, recruiting US talent and investing in US AI startups, and forming global partnerships to advance smart city solutions, autonomous driving, conversational AI, and predictive healthcare, among other initiatives.
These startups are applying AI to discover new drugs, remotely monitor patients, securely transfer patient data, and more. Healthcare has become a crucial area for artificial intelligence research and applications. Startups in the space are leveraging AI technology to help individual consumers, clinicians, and hospital systems improve everything from fitness to clinical trials to diagnostics. For example, consumers are adopting virtual assistants to inquire about symptoms and using applications to track fitness metrics. Meanwhile, radiologists are using computer vision to discern between malignant and benign cells, while hospital systems are deploying AI-driven software to analyze the financial risk of individual patients on behalf of insurers.
Artificial intelligence and machine learning are quickly becoming an integral part of healthcare delivery. Both on the clinical care and operational side of healthcare organizations, AI has is powering technology that keeps patients safe and improves efficiency for the revenue cycle, supply chain and more. Here are 100-plus companies in the healthcare space using artificial intelligence. To add a company to this list, contact Laura Dyrda at firstname.lastname@example.org. AiCure is an AI and advanced data analytics company that uses video, audio and behavioral data to better understand the connection between patients, disease and treatment. It allows physicians to have access to clinical and patient insights.
Google is betting that the future of healthcare is going to be structured data and AI. The company is applying AI to disease detection, new data infrastructure, and potentially insurance. In this report we explore Google's many healthcare initiatives and areas of potential future expansion. Google has always seen itself as more than a search and advertising company. Now it's turning its focus to healthcare, betting that its AI prowess can create a powerful new paradigm for the detection, diagnosis, and treatment of disease. "So tomorrow, if AI can shape healthcare, it has to work through the regulations of healthcare … In fact, I see that as one of the biggest areas is where the benefits will play out for the next 10 – 20 years." In short, Google seems to be going after the healthcare space from every possible angle. For example, did you know that Google has a project to release sterilized mosquitoes to control the spread of infectious disease? Or that the company has started a limited commercial rollout of its diabetes management program? Or that it appears to be exploring insurance? Note: For simplicity we use "Google" as shorthand for the larger Alphabet company, under which many of these healthcare initiatives fall. We explain the Alphabet structure below. As Google enters healthcare, it's leaning heavily on its expertise in AI. Health data is getting digitized and structured, from a new electronic record standard to imaging to DNA sequencing.
No one doubts that artificial intelligence has unimaginable potential. Within the next couple of years, it will revolutionize every area of our life, including medicine. Although many have their fears and doubts about AI taking over the world, Stephen Hawking even said that the development of full artificial intelligence could spell the end of the human race. However, I am fully convinced if humanity prepares appropriately for the AI-age, artificial intelligence will prove to be the next successful area of cooperation between humans and machines. Concerning healthcare, artificial intelligence will redesign it completely – and for the better.