AI Articles and Analysis in Healthcare

Discovering a new drug is a long, expensive and often haphazard process. Thousands of compounds are subject to a progressive series of tests, and only one might turn out to be a viable drug. Any tool which can speed up just one of these steps in this long multi-step process would have big implications down the entire chain. This is why some of the largest pharmaceutical companies are turning to AI to help the process.

Episode summary: In this episode, we talk to Daniel Nigrin, MD, Senior Vice President and CIO at Boston Children’s Hospital. Daniel and I discuss why hackers have come to prey on the healthcare industry, how these hackers benefit from their illicit activities, and what healthcare IT security precautions can be taken to prevent such attacks.

Facial recognition technology has been traditionally associated with the security sector but today there is active expansion into other industries including retail, marketing and health. By 2022, the global facial recognition technology market is projected to generate an estimated $9.6 billion in revenue with a compound annual growth rate (CAGR) of 21.3 percent*.

The impact of AI on business and the role it may play in improving efficiency of operations and driving revenue is a main focus of the research conducted at Emerj. However, there are also a growing number of altruistic applications of AI that are being leveraged today.

Medical diagnostics are a category of medical tests designed to detect infections, conditions and diseases. These medical diagnostics fall under the category of in vitro medical diagnostics (IVD) which be purchased by consumers or used in laboratory settings. Biological samples are isolated from the human body such as blood or tissue to provide results. Today, AI is playing an integral role in the evolution of the field of medical diagnostics.

Genomics is a branch of molecular biology focused on studying all aspects of a genome, or the complete set of genes within a particular organism. Today, machine learning is playing an integral role in the evolution of the field of genomics.

Episode summary: In this episode we speak with Sangeeta Chakraborty Chief Customer Officer at Ayasdi and discuss the applications of data science and AI in healthcare, what hospitals and healthcare systems are doing to adopt this kind of technology, and how this approach can be extended to other forms of enterprise. This interview was conducted in-person at BoostrapLabs annual AI conference in SF.

The applications of AI in pharma are building momentum, but we wanted to look beyond the hype and find the underlying trends that matter in business.