How Generative AI is Changing the Game in Healthcare
In today’s fast-paced and rapidly changing world, businesses need to leverage advanced technologies to stay competitive and relevant. Generative AI applications, like ChatGPT, are transforming the way we approach complex problems and helping organizations deliver better business outcomes.
The healthcare industry is no exception. Efforts to improve patient outcomes, enhance quality of care, and accelerate new treatments are at risk as the industry confronts challenges ranging from rising costs to a shortage of qualified professionals.
Enter Generative AI, which has the potential to change the game. Generative AI is a new type of AI application that is capable of creating content, such as text, application code, synthetic data, images, video, audio, or a combination of media.
Opportunities to leverage Generative AI in healthcare are here, with the potential to drive dramatic improvements in productivity and patient care:
As the magnitude of AI’s potential becomes evident, it is estimated that close to 80% of organizations will have invested in AI by the end of 2023. This aligns with the industry’s growth, as AI remains the most rapidly expanding workload in the data center, whether it’s implemented on-premises, in the public cloud, or through a hybrid cloud approach. This data underscores the significant role that AI is certain to play in shaping the future of businesses and industries worldwide, as they increasingly recognize its transformative potential.
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While there is extraordinary potential to transform healthcare organizations with the adoption of Generative AI applications like ChatGPT, there are risks that must be considered. Legitimate concerns have been raised regarding the accuracy of AI-generated content. Results from applications like ChatGPT may also be biased, due to the quality of the data used to train the model. Finally, hallucinations may occur, where ChatGPT fabricates a response that is not based on any factual data. These concerns require all AI results to be validated before they are acted upon.
To leverage the immediate potential of Generative AI, while mitigating the associated risk, governance is critical. We recommend IT professionals collaborate with their business stakeholders to:
To learn more about Generative AI and Healthcare, check out:
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1yAgree there are so many applications in healthcare. I am finding the same in Retail,