Artificial intelligence (AI) is a “tsunami” that’s coming to healthcare. That’s what Naveen Jain, CEO of Viome, a small company focused on applying AI to healthcare, told CNBC on Thursday. I suspect he’s right. The waves have already started picking up force.
Three major milestones were reached related to the use of AI in healthcare in the last four weeks. There’s a good chance you haven’t heard about any of them. But just as undersea landslides that aren’t seen can lead to a tsunami forming, these three developments in November could result in a storm that changes healthcare as we know it. And it could create fortunes in the process.
1. A robot passed a national medical exam
This robot, named Xiaoyi, was developed by Chinese technology company iFlytek and Tsinghua University. The organizations’ teams used AI deep learning algorithms to process data from medical textbooks, clinical guidelines, and medical cases.
2. AI beat human radiologists at diagnosing pneumonia
Just over one week after the monumental AI success in China, researchers at Stanford University in California announced another breakthrough. The Stanford team published a paper online on Nov. 14 describing an AI algorithm called CheXNet, which diagnoses 14 medical conditions based on chest X-ray images. ChexNet can even beat human radiologists at accurately diagnosing pneumonia.
3. Companies team up to bring AI to 500,000 medical devices
The third AI milestone in healthcare in recent weeks involved a business collaboration rather than an algorithmic advance. On Nov. 26, NVIDIA and GE Healthcare, a division of General Electric, announced that they were joining forces to apply NVIDIA’s cutting-edge AI technologies to GE Healthcare’s medical devices.
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