This is an exciting time. Information waves from the medical world, such as genomics and medical imaging, are now coming to the fore, and we will be able to use artificial intelligence to analyze the data and provide medical insights.
However, with the proliferation of innovative products in the medical AI field, some old-fashioned business problems are beginning to emerge. For example, how do startups achieve profitability in this area? And how do healthcare companies use AI to reverse the ever-increasing medical costs? Most importantly, how do medical AI products gain the trust of government regulators, insurance companies, doctors, and patients?
Xconomy, a well-known overseas media, has in-depth coverage of medical artificial intelligence, including the work of large companies such as GE and IBM on medical AI, the genomics programming marathon, and the impact of medical AI on patients and doctors. The arterial network is compiled and compiled to readers.
The problem behind the technology wave
Not long ago, Xconomy organized a dinner meeting with participants in San Diego's best technology and life sciences. The discussion focused on the opportunities and risks of combining AI with healthcare, and the above issues are also here. The discussion surfaced.
“As a medical industry investor, my favorite thing is the appeal of technology,†said Kim Kamdar, a partner at venture capital firm Domain Associates, in his San Diego office. “This opens up a new path for our company to attract potential co-investors. ."
For medical AI, the current general consensus is that it is too early to apply machine learning technology and related technologies in the medical field, and it is difficult to predict how these innovations will work. This is just like the many questions raised by Xconomy's senior editor, Jeff Engel, in the article "The Impact of AI on Doctors and Healthcare Organizations."
However, there is no doubt that the wave of transformation in the medical field is on the rise. Both small start-ups and industry giants such as IBM and GE are scrambling to have a place in this emerging field.
If there is such a fresh blood that the industry needs to inject change, the first thing to do is health care. In the United States alone, the annual medical expenditure exceeds 3.2 trillion US dollars, accounting for about 18% of the gross national product.
For investors, the medical industry is daunting despite its lucrative profits. In this industry, patients, health care providers, and insurance companies all have their own interests, and regulatory issues are so complex that an investment can take 10 years or more to see returns.
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