Last week we put out our report “The State Of Artificial Intelligence” with a section dedicated to healthcare. You can download the full report here.
Healthcare has been one of the most active spaces for funding to AI startups, as seen in the heatmap below.
This could be for a few possible reasons:
1) AI in healthcare promises tangible economic and social benefits. It could extend the reach of doctors, improve diagnosis, discover and drugs faster, and significantly cut down on costs.
2) Health data isn’t easily accessible, meaning it could be an opportunity for startups that focus in the area and a harder area for incumbent tech companies to easily enter.
3) New, massive datasets relevant to healthcare need to be parsed to be useful. This includes real-time biometric monitoring, troves of genetic data, telemedicine interactions, and more. AI can play a critical role here.
4) A lot of existing healthcare processes are rooted in pattern matching, a place AI particularly excels at.
Here are some of the startups attacking different parts of this space. Download the free full report to see all of them.
Question for you: Is AI in healthcare a lot of hype? Or is it legitimately going to change the system?
Humanity Strikes Back
In case you’re worried about AI killing us or taking our jobs after reading the report, fear not the humans are doing some augmenting themselves. Recently Elon Musk founded Neuralink, a company designed to create implantable human-machine interfaces. Not too long before that, Kernel raised $100M to artificially augment human intelligence. The question is…will augmented humans be enough?