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Two Developments Highlighting Artificial Intelligence's Industry Shattering Potential

#artificialintelligence

In the past few weeks, two important developments in artificial intelligence research have gone largely unheralded. Both hint at just how earth shaking – or at least industry-shattering – A.I.'s potential really is. The first item was news that a Hong Kong-based biotechnology startup, InSilico Medicine, working with researchers from the University of Toronto, had used machine learning to create a potential new drug to prevent tissue scarring. What's eye-popping here is the timescale: just 46 days from molecular design to animal testing in mice. Considering that, on average, it takes more than a decade and costs $350 million to $2.7 billion to bring a new drug to market, depending on which study one believes, the potential impact on the pharmaceutical industry is huge.