Healthcare's Revolutionary Leap: The Power of Generative AI
Evan Kirstel B2B TechFluencer
Create??Publish???Amplify?? TechInfluencer, Analyst, Content Creator w/600K Social Media followers, Deep Expertise in Enterprise ?? Cloud ??5G ??AI ??Telecom ?? CX ?? Cyber ?? DigitalHealth. TwitterX @evankirstel
We're living in an age of constant innovation, with healthcare being no exception. From battling pandemics to dealing with chronic diseases, mental health issues, and a growing shortage of medical professionals, the challenges are numerous. But there's another beacon of hope on the horizon - Generative AI.
With a potential market opportunity worth a whopping $6 trillion (as per Morgan Stanley), the potential impact of generative AI is hard to ignore. It's not just a passing fad; it's an evolving suite of tools with the power to bring revolutionary changes to healthcare.
We're talking about a technology that goes way beyond text-based AI like ChatGPT. Generative AI can handle a wide range of data types including text, images, audio, video, 3D modelling, and even coding. Its potential applications extend beyond just economic gains. Some estimates even suggest it could raise global GDP by 7% over 10 years!
The need for addressing AI in healthcare is more critical than ever. As our world battles a myriad of global health challenges, healthcare is struggling to keep up with the demand for high-quality services. The risk factors are all too real, with patients being far more likely to be harmed during their patient journey than while travelling by aircraft, according to the World Health Organization
Generative AI offers a potential solution to many of these challenges. However, it's still a technology in evolution, and not without its own set of hurdles. The accuracy of AI's output depends heavily on the quality of the training data. Any error could potentially jeopardize a patient's health, and so it's crucial that we have complete trust in this technology.
Another concern is the possibility of bias in AI algorithms. If an AI is trained on a dataset that's not fully representative of the population, the results could be inaccurate, or even harmful. It's paramount that these challenges are addressed to ensure the ethical use of this technology, improve healthcare outcomes, and ultimately benefit patients.
So, what does generative AI have in store for healthcare?
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Improved Clinical Decision Making: Generative AI can assist medical professionals in making accurate diagnoses by analyzing data from medical records, lab results, and medical imaging. One such example is Glass.Health's AI tool, which can generate diagnoses and clinical plans based on symptom input.
Enhanced Pandemic Preparedness: Generative AI can model new pandemics and develop preventive measures. Google Flu Trends, for instance, predicts flu outbreaks based on Google users' web searches.
Personalized Care: Wearable devices and generative AI can work together to offer personalized treatment options. Generative AI can also support early diagnosis and prognosis assessment for conditions like thrombocytopenia.
Accelerated Drug Discovery: Generative AI can hasten drug discovery and development, as evidenced by Insilico Medicine's generative AI platform, GENTRL.
The future of generative AI in healthcare is an exciting prospect. As with any innovation, it comes with its share of uncertainties. Nevertheless, the potential for revolutionary progress within healthcare is undeniable.
It's crucial to approach generative AI with caution, understanding that its impact could be transformative, provided we adapt to its unique challenges and opportunities. This is a defining moment in healthcare. A future marked by generative AI technology will usher healthcare into a new era of innovation. Those daring to experiment and lead in this space will create opportunities for patients, providers, and healthcare
CEO @ Oatmeal Health ?? AI-Driven Cancer Screening and Clinical Trial Research for underserved patient populations of FQHCs
1 年Here is another take on Generative AI for healthcare - Generative AI: A Powerful Ally in the Battle Against Cancer - https://oatmealhealth.com/generative-ai-a-powerful-ally-in-the-battle-against-cancer/
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1 年Brilliant share Evan!
The reason health care has an inflation rate, every year higher than whatever inflation is running at in the rest of the economy, has to do with how a labor intensive service is likely to be priced relatively to all other services, many of which can be automated - at least partially. 15 minutes with a physician is the same in 2023 or 1983 or 1943. Digitization might have brought more information into the room in 2023, but in 1943, there would be less patient information that was capturable. And in 2043, people will still want their 15 minutes. The incredible change here might be being able to monitor, analyze and react in real time. We already can monitor blood sugar with a device that send real time data to your phone. What if we could continuously monitor for stroke, heart attack and so on? What if we could detect cancer in an almost preemptive posture? What if you had insights into your own body’s workings where you could be proactive vs reactive?