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How AI and ML are revolutionising healthcare industry
Entrepreneur magazine
|April 2024
Al ALGORITHMS CAN NOW ANALYZE VAST AMOUNTS OF BIOLOGICAL DATA TO IDENTIFY POTENTIAL DRUG CANDIDATES, PREDICT THEIR EFFICACY, AND OPTIMIZE DRUG DISCOVERY PROCESSES.
Cutting-edge technologies like Artificial Intelligence (AI) and machine learning (ML) are drastically reshaping various industries, including healthcare, a massive sector representing $9 trillion, or 11% of global GDP. These advancements are finding applications across the entire healthcare value chain, from drug and vaccine development to improved diagnostics and treatments. This, in turn, is leading to significant efficiency gains throughout the system. As per a WHO report titled Ethics and governance of artificial intelligence for health, AI holds great promise for improving the delivery of healthcare and medicine.
REVOLUTIONIZING DRUG DISCOVERY AND DEVELOPMENT PROCESS
This story is from the April 2024 edition of Entrepreneur magazine.
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