Artificial Intelligence (AI) in Pharma
Artificial Intelligence (AI) isn’t just a concept of the future – it’s a pervasive force shaping our everyday lives. From the personalized recommendations on streaming platforms to the targeted ads that pop up in our social media feeds, AI algorithms silently influence our choices. It powers virtual assistants, streamlines customer service interactions, and optimizes supply chain logistics. In healthcare, AI aids in diagnosis and treatment decisions, while in finance, it predicts market trends. Whether we realize it or not, AI is all around us, revolutionizing industries and redefining what’s possible in the digital age. Embrace the AI-driven world – we’re already living in it.
The above paragraph took me all of 10 seconds to generate on an AI website – would you have known it was not self-written? Was the Americanised spelling the only giveaway?
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We are living in a world where AI is ever increasingly becoming the norm, and sometimes it can be difficult to distinguish human work from AI with the images and text being so realistic, and in some cases better than traditionally created work. Many people have concerns about how AI is going to shape our future and the impact it will have on generations to come, including job losses, ethical dilemmas and even a loss of knowledge – do we need to educate ourselves if AI will do everything for us?
McKinsey identified the potential $100bn a year opportunities for pharma – so Fusion Pharma took a look at how AI is impacting the pharmaceutical industry in this blog, from how it can aid in drug discovery through to the role it can play in regulatory affairs. Due to its potential for changing the way we work, both now and longer term, we will be staying at the forefront of this topic as new developments happen. The PING conference will host an impressive line-up of industry experts from major players in the field of AI in Pharma in June – we would love to meet you there if you are attending too!