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Machine learning in business helps in enhancing business scalability and improving business operations for companies across the globe.
But NLP technology is now advancing at a breathtaking rate, opening up new possibilities for conversational AI.
AI will augment the work of human clinicians in hospitals in various ways.As one example, Gauss Surgical uses computer vision to monitor blood loss during childbirth.
The vision of precision medicine is more ambitious, the technical challenges more complex, and the potential impact greater than perhaps any other application discussed here.In a nutshell, the field of precision medicine aspires to create treatments that are individualized for each patient based on his or her particular genetic, environmental and behavioral context.Precision medicine is not a new concept, but the advent of “big data” (especially genetic data) and modern machine learning have brought its full realization within reach.
Several trillion gigabytes of health data will be generated this year, a figure that would have been unimaginable a few short years ago.The premise of precision medicine is that if a computational system knows your entire genome, your metabolic profile, your microbiome composition, what foods you eat, how often you exercise, how much you sleep, and a thousand other data points about you; and it also understands a disease’s particular pathway in your body down to the molecular level; then it can synthesize all this information and craft a pharmaceutical and/or behavioral regimen specifically tailored to optimize your body's response.No human could ever perform such herculean data crunching and latent pattern recognition.
The company is focused on cancer treatment, although it has recently devoted resources to the fight against COVID-19.Other well-funded companies in this category include Syapse and GNS Healthcare.Precision medicine has for decades stood as a tantalizing but unfulfilled possibility.
AI can play a key role here.Provider OperationsEvery time a patient interacts with a healthcare provider, dozens of support processes take place in the background: patient check-in, benefit and verification discovery, claims processing, invoicing, prescription orders, supply chain management, and more.
