Advanced Human Imaging (AHI) has completed due diligence and entered an agreement with Triage Technologies, while also announcing another key deal. The medical imaging company came out of a voluntary suspension to announce today it's planning to acquire musculoskeletal assessment (MSK) company Physimax Technologies. The Israeli-based business has developed a video-based objective solution that tracks and improves MSK wellness and performance via footage capture using a mobile phone. AHI has signed a letter of intent ahead of the proposed acquisition, agreeing to pay US$6 million (around A$7.75 million) in consideration for Physimax as well as an additional US$2 million (about A$2.58 million) as part of an earn-in agreement. "Physimax would be a welcome addition to the AHI MultiScan platform. The Physimax team has spent seven years developing, validating and commercializing the technology and has seen broad acceptance of the application worldwide with over 250,000 scans performed to date," AHI CEO Vlado Bosanac said.

One of the anxieties plaguing the work force as we enter the next decade is the fear of automation replacing blue collar jobs. At the forefront of these anxieties is artificial intelligence (AI). The discussion is even such a hot-pressed issue that American Democratic candidate Andrew Yang's argument for a universal basic income policy is riding on its ability to speak to middle-American manual labour workers. However, for a lot of consumers around the world, the thought of automation can be exciting -- such as letting a Tesla drive you hands free down the freeway on a long trip. But this doesn't create an exception for those that are worried their jobs will be replaced by an automated crane or self-driven truck.