The artificial intelligence (AI) and machine learning is getting stronger than ever. Many applications and projects have been developed based on AI already. Take the example of Apple Siri or the advertising algorithms that pushes products and services based on our Google search. The question though is, can AI take the place of a human and replace him or her?! Some believe we will be able to teach a robot or artificial material to perform tasks quickly and efficiently than a human. The idea falls on the line of a screwdriver where we use it because we cannot unscrew just by using our bare hands.

Although technology and artificial intelligence is helping physicians, the tools will ultimately not replace clinicians, according to a panel of physicians and health executives interviewed by CNBC. "I don't think at this stage, we are 100 percent, or even close to 100 percent, sure that AI can replace a historical high-touch type of doctor-patient relationship," said Chun Yuan Chiang, MD, a heal practitioner and founder of IHDPay Group. Dr. Chiang and other healthcare technology experts met at the East Tech West conference to discuss the potential of AI in healthcare. One consensus was that AI has truly reshaped healthcare. "We used to use X-rays to detect lung cancer. The problem is you can only go to stage 3 or stage 4 with X-ray," said Dai Ying, chief innovation officer for GE Healthcare.

The use of artificial intelligence in community oncology practices has the potential to grow rapidly and provide more assistance to oncologists and hematologists in the coming years, according to presenters at Community Oncology Alliance Annual Conference. But artificial intelligence (AI) will not take the place of oncologists, and presenters warned of relying too heavily on AI when caring for patients in the community practice setting. "We have to find a way to be very agile and adaptable," Aaron Lyss, MBA, director of strategy and business development at Tennessee Oncology, said during a presentation. "One of the things you will see in the community practice setting that's different than the academic setting, to use a baseball metaphor, is that we will not be swinging for the fences and missing. We are going to be [more careful] and hit doubles and singles."

There's hype and fear surround A.I. in healthcare. For example: looking at the rapid advancement of medical imaging it could seem like human radiologists will be obsolete in the future as A.I. will take care of their tasks. But it's fearmongering and it's irresponsible, especially if investors do that. Let me tell you five things why that A.I. won't replace physicians.

Hype and fears surround artificial intelligence taking jobs in healthcare. Will it render physicians obsolete? Will it replace the majority of medical professionals? The Medical Futurist decided to set things straight. Here are five fundamental reasons why A.I. won't replace doctors and never will.

At the dawn of the Fourth Industrial Revolution, automation and digitization are turning the job market upside down. Many fear that robots, A.I., and automation, in general, will take their jobs without alternatives. The same anxieties emerged in healthcare about artificial intelligence taking the place of radiologists, robots surpassing the skills of surgeons, or taking jobs in pharma. A renowned voice in tech, Kai-Fu Lee, founder of venture capital firm Sinovation Ventures told CNBC that A.I. will be bigger than all other tech revolutions, and robots are likely to replace 50 percent of all jobs in the next decade. Silicon Valley-investor Vinod Khosla even said that machines will substitute 80 percent of doctors in the future in a healthcare scene driven by entrepreneurs, not medical professionals.

The most common uses for artificial intelligence in healthcare today are for search, classification and reasoning, in that order. "AI is able to ingest massive amounts of data using technology such as text analytics and Natural Language Processing," said Ajay Royyuru, vice president, healthcare and life sciences research, at IBM Watson Health. "With that, AI systems are able to detect patterns and similarities within that data that may unlock new insights for clinicians and scientists. A system that can reason not only can identify, but make recommendations or suggestions based on its trained parameters." Experts in the field currently working on AI projects at their organizations point to a couple that will require the brainpower of human beings to overcome.

Medicine has come unimaginably far over the last century, driven by brilliant committed people and technology. In the last 20 years, we have seen the introduction of monoclonal antibody drugs, robotic surgery, and astounding intravascular treatments. All of medicine is entering a renaissance with a multitude of minimally invasive techniques and advancements. As we see the'old fashioned' physical exam go by the wayside as technology supplants and enhances our diagnostics by leaps and bounds. With cheap and plentiful EKG machines, how much less do we rely on a stethoscope?