While you've been sleeping, artificial intelligence has been evolving. It isn't something to be afraid of -- yet. In actuality, AI has been present in numerous industries for a long time. As development improves and transforms, both with AI-based analytics, also referred to as deep learning, and user feedback, AI is evolving from being the villain in a bad action movie to helping people live a better life through sleep and health and wellness tracking.
Artificial intelligence (AI) has disrupted numerous industries in recent years, but for the technology to work effectively, the technology needs to be used right. For the healthcare sector, one of the end goals is to provide better patient outcomes, minimise human errors and alleviate some of the physical and mental burnout felt by healthcare practitioners as a result of the volume of admin work required. A study in the US found that for every hour that physicians spend providing direct clinical facetime to patients, almost two additional hours are spent on desk work. By utilising AI and analytics, this can be reduced, and by extension, so too will the rates of mental illness. For this to happen, however, the industry must first get ready for the AI era by building up skills in reading, working with, analysing and arguing with data – also known as data literacy.
Artificial Intelligence is impacting healthcare in the same way that OBD impacted automobiles a few decades ago. With the combination of data and machine learning, AI is moving healthcare to a much more automated, efficient, interactive, and intelligent state. But how will AI impact the future of Healthcare? The most significant way Artificial Intelligence has transformed healthcare is through data analysis and management. AI can store, connect, and skim through patient data to identify medical problems and diagnose them through highly accurate clinical decisions.
The fast-changing healthcare sector is set to see further evolution and upheaval in 2018, so staff will need to be prepared for action to ensure care quality standards are consistently upheld. Most healthcare professionals would agree that the sector has been experiencing challenging circumstances in the last few years, with the inherent pressure that comes with this line of work exacerbated by broader political and economic factors beyond their control. Evolving government policy, funding constraints and emerging public health issues have all led to significant upheaval within the medical field, and the opening months of 2018 have offered plenty of evidence to suggest that this rapid pace of change is likely to continue throughout this year and beyond. As such, it's never been more important for healthcare workers and managers to stay abreast of the latest trends and developments within their industry, and to make sure they are doing everything they can to acquire the skills they need to adapt. Even against a backdrop of ongoing change, the need to ensure that care quality remains paramount is still constant, and that will be as true in 2018 as it has ever been.
From hospital care to clinical research, drug development and insurance, AI applications are revolutionizing how the health sector works to reduce spending and improve patient outcomes. The total public and private sector investment in healthcare AI is stunning: All told, it is expected to reach $6.6 billion by 2021, according to some estimates. Even more staggering, Accenture predicts that the top AI applications may result in annual savings of $150 billion by 2026. These benefits will accrue incrementally, from automated operations, precision surgery, and preventive medical intervention (thanks to predictive diagnostics), but within a decade they will fundamentally reshape the healthcare landscape as we know it. "It's going to take years to get the full promise, but it does bring a particular tool into the dialogue that was never before available," says Kaveh Safavi, head of Accenture's global health practice.