Health care executives from IBM Watson and Athenahealth athn debated that question onstage at Fortune's inaugural Brainstorm Health conference Tuesday. In addition to partnering with Celgene celg to better track negative drug side effects, IBM ibm is applying its cognitive computing AI technology to recommend cancer treatment in rural areas in the U.S., India, and China, where there is a dearth of oncologists, said Deborah DiSanzo, general manager for IBM Watson Health. For example, IBM Watson could read a patient's electronic medical record, analyze imagery of the cancer, and even look at gene sequencing of the tumor to figure out the optimal treatment plan for a particular person, she said. "That is the promise of AI--not that we are going to replace people, not that we're going to replace doctors, but that we really augment the intelligence and help," DiSanzo said. Athenahealth CEO Jonathan Bush, however, disagreed.
IBM's Watson may be most famous for winning at the game show "Jeopardy!" In a room at IBM offices, software developers and business customers can query the famous computer and see a demonstration of its work as a research partner in fields ranging from land use to medicine. The room itself has a display wall on one side and a touch screen in the center and near the window. In a recent demonstration of how the machine approaches search queries, Rachel Liddell, a "Watson Experience Leader," used the central touch screen to search through a series of TED talks. As she touched the screen to look up lectures on human psychology, Watson created a set of associated topics, such as "education," and touching one of those words generated more specific topics that appeared in the talk.
IBM's Watson system will help doctors diagnose rare illness faster by scanning through huge medical records to pull out relevant information. "We don't need more physicians, we need more IT power." It's a controversial statement for anyone with an interest in healthcare to make, let alone for a senior doctor heading up a centre for rare and undiagnosed diseases. But Dr Jürgen Schäfer, in charge of tackling the most mysterious conditions that arrive at the centre in the University Hospital in the German town of Marburg, is used to solving seemingly intractable problems. But now, rather than identifying the illnesses that have baffled numerous doctors before him, Schäfer - sometimes called the German'Dr House' -- has worked out how to crack another tricky medical problem: how to treat a spiralling number of patients, each with a lengthy and complex health history, without employing a whole new team of doctors.
A supercomputer whirs away in London, crunching complex drug chemistries into deep learning algorithms to discover new medications. A few miles away, a DeepMind neural network scans millions of images from Moorfields Eye Hospital, searching for signs of eye disease. The application casually asks if you still have that headache from yesterday and if you'd like to book a doctor's appointment for tomorrow. Of all the fields that artificial intelligence will disrupt in the coming years, healthcare may see the greatest paradigm shift. AI's influence in the industry will be deep and broad.
The adoption and application of Artificial Intelligence (AI) continues to accelerate at an exponential rate in modern businesses. As referenced in the 2017 Tech Trend Report, AI is nearing completion of the next layer in technological advancement, integrated into everything individuals and organizations do. This trajectory is predicted to drive cumulative worldwide spending of $40.6 billion on AI projects by 2024 – according to Raconteur. This is expected to create mass opportunity for the pioneering businesses currently investing in AI development. Moving beyond the hype in existing media coverage, this post will uncover the reality behind what AI means for businesses today, in the near future, and beyond 2017.