Pia Malaney over at INET:
In markets hungry for the next big breakthrough the latest generation of Artificial Intelligence (AI) technologies has emerged as a potentially revolutionary force, offering a wide array of transformative benefits to humanity. With capabilities in processing data, making predictions, and automating tasks that would once have seemed like science fiction, AI is already altering the ways we live, work, and interact.
What does it mean for a doctor in an underserved area with limited resources to have access to AI systems that facilitate diagnoses based on symptoms and streamline care recommendations? For surgeons to have AI analyze a brain tumor in real-time so that they can decide how much to remove? Big data is already playing a significant role in drug discovery and development; researchers in many areas of academia, including economics, find analysis simplified and expedited.
There is increasing evidence that we are already seeing transformative changes in industries ranging from healthcare to finance. As AI can personalize cancer treatments, identify and diagnose tumors mid-surgery, and rapidly increase the discovery of new molecules that form the basis of drug discovery, its lifesaving impacts are already being felt. In financial markets, it is being used to drive data analytics, data retrieval, predictions, and forecasting. Innovation, often spearheaded by AI and machine learning, has given rise to new products, services, and business models. In education, the possibility of tailoring a curriculum to the needs and pace of each individual student could perhaps transform learning.
Even areas most associated with human creativity are tapping into the productivity benefits of AI.
More here.