What doctor? Click to launch Why AI and robotics will define New Health What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Introduction
Would you allow a medical robot with artificial intelligence (AI) to examine, diagnose and The answers to these two questions fundamentally prescribe a treatment plan for you or a member impact clinicians and caregivers throughout healthcare. of your family with cancer? Would you accept a New Health The answers will ultimately decide how we implement robot as your primary surgeon? And if you were to We are entering a new era of the use of AI and robots in developing our healthcare do so, what would the human clinician do? health – New Health systems across the globe. We will specifically address these two questions in the next phase of our research AI and robots have long been a theme in fiction. From Health matters. It matters to each of us as individuals and initiative, but it is important to keep them in mind as we Isaac Asimov’s ‘I, Robot’ in 1950 to Baymax, the care to society as a whole. It lies at the heart of our economic, explore existing perceptions and attitudes towards AI and robot in ‘Big Hero 6’, we’ve long been fascinated with political, social and environmental prosperity and is one robotics in this report. the possibilities for machines that can understand, of the largest industries in the world. reason and learn – and help us to make better use Modern health systems can treat and cure more diseases of information. than ever before. New technology is bringing innovation to old treatments. Yet significant quality, access and Just imagine that you had a hand-held scanner the cost issues remain and our health systems are becoming size of your smartphone that could ‘sense, compute increasingly unsustainable. and record’ your daily health status just like the Star Trek medical ‘tricorder’. What if it could make What doctor? recommendations so that you could achieve and At the heart of this report is the emergence and increasing maintain your ‘optimal’ physical or mental condition use of artificial intelligence (AI) and robotics within or detect anomalies early? and throughout this New Health ecosystem. We chose Robots like Baymax and tricorder scanners are not ‘What doctor’ as our title for the report because during science fiction. AI and robots that support, diagnose our research – and the response to that research – it has and treat people are already in homes, workplaces become increasingly clear that policy makers, payers, and clinical environments all over the world. And providers, educators and the public need to consider: how we embrace AI and robotics to complement and • What is the role of the AI/ robot doctor? enhance current healthcare services over the next ten years will define our ability to deliver a more • What is the role of the human doctor? responsive health service with improved health outcomes, while at the same time enabling people to take more control over their day-to-day health needs. Continued What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Introduction
Five distinct trends are converging, which mean AI and 3. Information technology development in healthcare has been 4. Technology has, of course, had an impact far robotics will come to define New Health: rapidly moving from products to services to solutions (Frost & beyond the developments in healthcare. The 1. First and foremost is the value challenge that Sullivan, 2016). Past decades have focused on the innovation explosion of technology – digitally enabled, wireless all countries across the globe are facing – there is provided by medical products delivering historic and evidence- connectivity across increasingly mobile devices – has escalating demand from long-term, chronic disease, based care. The present decade is one of medical platforms created an increasing democratisation of access for rising costs, often with an ageing population and focused on real-time, outcome-based care. The next decade is healthcare. Some of the most powerful AI tools are limited resources (money, workforce specialists, moving towards medical solutions – using AI, robotics, and virtual already embedded in Android or iOS. Harnessing this etc). Yet we are continuing to invest in facilities and and augmented reality – to deliver intelligent solutions for both technology is providing consumers with the data and equipment that were built to solve a completely evidence- and outcome-based health and focusing on collaborative, information they need to proactively manage their own different set of healthcare needs and are not designed preventative care. This confluence of technology-based products, health and wellness, and to make better, more informed to cope with this demand. A hospital-centric system platforms and solutions is leading to a previously unimagined decisions in partnership with their healthcare providers. deals very well with serious health episodes that precision medicine, down to the familial and individual level, which one day may even be able to predict and thereby prevent disease. 5. Finally, the willingness of the general public to require days or weeks of acute care for very ill people. be more active participants in their own health and But it was never intended to deal with large numbers wellness has now reached critical mass. As we reported of people whose conditions are chronic, complex and Last Current Next in our 2016 survey Care Anywhere, the explosion of require treatment for the longer term. decade decade decade technology and the increasing ubiquity of the Internet of Things (IoT) is bringing about breakthroughs that 2. The past decade has seen an explosion in the Medical Products Medical Platforms Medical Solutions amount of health data that is now available to us. are erasing healthcare boundaries and enabling care Equipment, Hardware, Wearable, Big Data, Robotics, AI, anywhere and everywhere3. And this willingness is For example, for a skin specialist there are 11,000 new Consumables Health Analytics Augmented Reality dermatology articles published every year. In 2013, it extending into the areas of AI and robotics, which we was estimated that the volume of health-related data explore in this report. had reached over four zettabytes – that’s four trillion gigabytes (1021) – and there are those who project this exponential growth rate to reach ten times that by 2020, 24 1 Differentiation is solely Differentiation by Differentiation via and, even beyond, to yottabyte (10 ) proportions . through product providing services to key intelligent solutions for Furthermore, fully 80% of this extraordinary amount of innovation. Focused on stakeholders. Focused evidence/outcome based 1The Medical Futurist (2016). http://medicalfuturist.com/ data is unstructured2, meaning that it’s not contained in historic and evidence on real time outcome health. Focused on artificial-intelligence-will-redesign-healthcare/ based-care. based-care. preventive care. 2Healthcare Data Institute (2015). http://healthcaredatainstitute. a database or some other type of data structure. Staying com/2015/02/18/big-unstructured-datas-contribution-to-healthcare/ current with and being able to access this data is simply 3PwC (2016). Care Anywhere: Moving health and wellness out of the hospital beyond the scope of any human individual, no matter and into the hands of the consumer. https://www.pwc.com/m1/en/publications/ Source: Frost & Sullivan, ‘Transforming healthcare through artificial intelligence systems’, 2016 documents/care-anywhere.pdf how capable or intelligent. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Keeping well are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the One of AI’s biggest potential benefits is to help people engine to be serviced based on our driving patterns; it’s in stay healthy so they don’t need a doctor, or at least Artificial Intelligence and Consumer our everyday Google searches and the suggestions from not as often. The use of AI and the Internet of Medical Apps for keeping well Amazon that follow us around on the web; it’s the chatbot Things (IoMT) in consumer health applications on the end of the telephone in call service centres. AI is is already helping people to manage their own becoming ubiquitous and most of us use it: Apple’s Siri healthcare and to keep themselves well through processes two billion natural-language requests a week4, healthier living. For example, the Smart belt – welt and 20% of requests on Android phones are made by has a built-in mechanism that alerts the person voice alone5. when they overeat. It relies on a magnetic sensor to track waste size and tension to determine when the AI is getting increasingly sophisticated at doing what users may have over eaten and alerts the wearer. humans do but more efficiently, more quickly and at a lower Further, IBM has announced three new consumer- cost. The potential for both AI and robotics in healthcare focused partnerships, one of which is with Under is vast. Just like in our everyday lives, AI and robotics are Armour who will use Watson to power a ‘cognitive increasingly a part of our healthcare ecosystem. coaching system’.
These applications and others (see Box-Out) all Training Keeping encourage healthier behaviour in individuals and Well help with the proactive management of a healthy Early lifestyle. It puts consumers in control of health and Research AI and Detection well-being. Additionally, AI increases the ability for Robotics healthcare professionals to better understand the day-to-day patterns and needs of the people they End of care for, and with that understanding they are able Life Care Diagnosis to provide better feedback, guidance and support Decision for staying healthy – although, as we have noted, Treatment Making the sheer volume of data is increasingly difficult for humans to deal with, or make sense of. Throughout this section of the report, we highlight a range 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Keeping well are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the One of AI’s biggest potential benefits is to help people engine to be serviced based on our driving patterns; it’s in stay healthy so they don’t need a doctor, or at least Artificial Intelligence and Consumer our everyday Google searches and the suggestions from not as often. The use of AI and the Internet of Medical Apps for keeping well Amazon that follow us around on the web; it’s the chatbot Things (IoMT) in consumer health applications on the end of the telephone in call service centres. AI is is already helping people to manage their own offers real-time biometrics, personalised programming, and customised becoming ubiquitous and most of us use it: Apple’s Siri healthcareSmart andPerformance to keep themselves Apparel well through reporting to help athletes reach their goals faster. processes two billion natural-language requests a week4, healthier living. For example, the Smart belt – welt and 20% of requests on Android phones are made by has a built-in mechanism that offers alerts consumers the person devices such as smartwatches and activity trackers, as well 5 Samsung Electronics voice alone . whenas they their overeat. Tizen open-source It relies on a magneticoperating sensor system, to which gives users quick access to their mobile devices track waste size and tension to determine when the AI is getting increasingly sophisticated at doing what and help them track their fitness. users may have over eaten and alerts the wearer. humans do but more efficiently, more quickly and at a lower Further, IBM has is announceda posture monitoring three new consumer-device that alerts the person when their posture changes, thus cost. The potential for both AI and robotics in healthcare Lumo Lift focusedproviding partnerships, the feedback one of whichnecessary is with to Underensure correct posture whether sitting or standing. is vast. Just like in our everyday lives, AI and robotics are Armour who will use Watson to power a ‘cognitive increasingly a part of our healthcare ecosystem. coaching system’.Under Armour will use IBM’s Watson to power a ‘cognitive coaching system’ in an application that provides customised advice for sleep, fitness, activity and nutrition. The insights originate from three Thesesources: applications crunching and others data from(see Box-Out)Under Armour’s all 200 million-member Connected Fitness community, Training Keeping encourageexternal healthier academic behaviour research in individualsstudies and and institutions, and IBM Watson similarity analytics. Under Well help Armourwith the will proactive be adding management new capabilities of a healthy including behavioural and performance management, food Early lifestyle.intake It putstracking consumers and overall in control nutrition of health management and as well as the effects of weather and environment Research AI and Detection well-being.on training. Additionally, AI increases the ability for Robotics healthcare professionals to better understand the day-to-dayPathway patterns Genomics and needs is developing of the people an applicationthey that will provide customised health advice based on End of care afor, user’s and withspecific that understandinggenetic makeup. they are able Life Care Diagnosis to provide better feedback, guidance and support Decision for staying healthy – although, as we have noted, Treatment Making the sheer volume of data is increasingly difficult for humans to deal with, or make sense of. Throughout this section of the report, we highlight a range 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Early detection are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the AI is already being used to detect diseases, such as engine to be serviced based on our driving patterns; it’s in cancer, more accurately and in their early stages. For AI and Wearables for our everyday Google searches and the suggestions from example, according to the American Cancer Society, early detection Amazon that follow us around on the web; it’s the chatbot 12.1 million mammograms are performed annually in on the end of the telephone in call service centres. AI is the US, but a high proportion of these mammograms becoming ubiquitous and most of us use it: Apple’s Siri yield false results, leading to 1 in 2 healthy women processes two billion natural-language requests a week4, being told they have cancer. The use of AI is enabling and 20% of requests on Android phones are made by review and translation of mammograms 30 times voice alone5. faster with 99% accuracy, reducing the need for unnecessary biopsies as well as reducing the AI is getting increasingly sophisticated at doing what uncertainty and stress of a misdiagnosis6. humans do but more efficiently, more quickly and at a lower cost. The potential for both AI and robotics in healthcare The proliferation of consumer wearables and other is vast. Just like in our everyday lives, AI and robotics are medical devices combined with AI is also being increasingly a part of our healthcare ecosystem. applied to oversee early-stage heart disease, enabling doctors and other caregivers to better monitor and detect potentially life-threatening episodes at earlier, Training Keeping more treatable stages. Well
Early On the horizon, Microsoft is developing computers Research AI and Detection programmed for use at a molecular level to start fighting cancerous cells as soon as they are detected. Robotics They are also doing research for using AI to interpret End of online search engine behaviour, for example, at the Diagnosis Life Care point where someone might research symptoms Decision online long before they approach their physician. Treatment Making
4The Ringer (2016). How Siri Got Left Behind. Throughout this section of the report, we highlight a range https://theringer.com/amp/p/2ffc86fe5dfa of products and existing or emerging technology in side- 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- bars or boxes that we’ve found during our research for these people-control-world-through-words-alone-how-voice eight areas. It is extraordinary, and hard to keep up with as 6Wired (2016). http://www.wired.co.uk/article/cancer-risk-ai-mammograms new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Early detection are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the AI is already being used to detect diseases, such as engine to be serviced based on our driving patterns; it’s in cancer, more accurately and in their early stages. For AI and Wearables for our everyday Google searches and the suggestions from example, according to the American Cancer Society, early detection Amazon that follow us around on the web; it’s the chatbot 12.1 million mammograms are performed annually in on the end of the telephone in call service centres. AI is the US, but a high proportion of these mammograms iTBraTM is a wearable vest being used to screen for the detection of breast cancer at becoming ubiquitous and most of us use it: Apple’s Siri yieldCyrcadia’s false results, leading to 1 in 2 healthy women earlier stages. processes two billion natural-language requests a week4, being told they have cancer. The use of AI is enabling and 20% of requests on Android phones are made by review and translation of mammogramshas developed 30 a devicetimes that is able to remotely monitor its wearer for heart 5 CardioDiagnostics voice alone . fasterirregularities with 99% accuracy, and is used reducing to improve the need cardiac monitoring and rhythm management. for unnecessary biopsies as well as reducing the AI is getting increasingly sophisticated at doing what uncertainty and stress of a misdiagnosis6. humans do but more efficiently, more quickly and at a lower cost. The potential for both AI and robotics in healthcare The proliferation of consumer wearables and other is vast. Just like in our everyday lives, AI and robotics are medical devices combined with AI is also being increasingly a part of our healthcare ecosystem. applied to oversee early-stage heart disease, enabling doctors and other caregivers to better monitor and detect potentially life-threatening episodes at earlier, Training Keeping more treatable stages. Well
Early On the horizon, Microsoft is developing computers Research AI and Detection programmed for use at a molecular level to start fighting cancerous cells as soon as they are detected. Robotics They are also doing research for using AI to interpret End of online search engine behaviour, for example, at the Diagnosis Life Care point where someone might research symptoms Decision online long before they approach their physician. Treatment Making
4The Ringer (2016). How Siri Got Left Behind. Throughout this section of the report, we highlight a range https://theringer.com/amp/p/2ffc86fe5dfa of products and existing or emerging technology in side- 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- bars or boxes that we’ve found during our research for these people-control-world-through-words-alone-how-voice eight areas. It is extraordinary, and hard to keep up with as 6Wired (2016). http://www.wired.co.uk/article/cancer-risk-ai-mammograms new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Diagnosis are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the It’s estimated that 80% of health data is invisible to engine to be serviced based on our driving patterns; it’s in current systems because it’s unstructured7. IBM’s Google’s DeepMind our everyday Google searches and the suggestions from Watson for Health uses cognitive technology to Amazon that follow us around on the web; it’s the chatbot help healthcare organisations unlock vast amounts on the end of the telephone in call service centres. AI is of health data and power diagnosis. Watson can becoming ubiquitous and most of us use it: Apple’s Siri review and store far more medical information – processes two billion natural-language requests a week4, every medical journal, symptom, and case study and 20% of requests on Android phones are made by of treatment and response around the world – voice alone5. exponentially faster than any human. And it doesn’t just store data, it’s capable of finding meaning in AI is getting increasingly sophisticated at doing what it. Unlike humans, its decisions are all evidence- humans do but more efficiently, more quickly and at a lower based and free of cognitive biases or overconfidence, cost. The potential for both AI and robotics in healthcare enabling rapid analysis and vastly reducing – even is vast. Just like in our everyday lives, AI and robotics are eliminating – misdiagnosis. increasingly a part of our healthcare ecosystem. Google’s DeepMind Health is working in partnership with clinicians, researchers and patients Training Keeping to solve real-world healthcare problems. The Well technology combines machine learning and systems Early neuroscience to build powerful general-purpose Research AI and Detection learning algorithms into neural networks that mimic Robotics the human brain.
End of Life Care Diagnosis
Decision Treatment Making 4The Ringer (2016). How Siri Got Left Behind. https://theringer.com/amp/p/2ffc86fe5dfa Throughout this section of the report, we highlight a range 5The Economist (2017). How voice technology is transforming computing. of products and existing or emerging technology in side- http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- bars or boxes that we’ve found during our research for these people-control-world-through-words-alone-how-voice 7 Healthcare Data Institute (2015). http://healthcaredatainstitute. eight areas. It is extraordinary, and hard to keep up with as com/2015/02/18/big-unstructured-datas-contribution-to-healthcare/ new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Diagnosis are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the It’s estimated that 80% of health data is invisible to engine to be serviced based on our driving patterns; it’s in current systems because it’s unstructured7. IBM’s Google’s DeepMindDeepmind our everyday Google searches and the suggestions from Watson for Health uses cognitive technology to Amazon that follow us around on the web; it’s the chatbot help healthcare organisations unlock vast amounts on the end of the telephone in call service centres. AI is of health data and power diagnosis. Watson can In 2016, Google’s DeepMind stunned the Go-playing world by beating 18-time world champion Lee becoming ubiquitous and most of us use it: Apple’s Siri review and store far more medical information – Se-dol, one of the highest ranked players in the world. It was the first time a computer programme processes two billion natural-language requests a week4, every medical journal, symptom, and case study took on a professional player of this ancient Chinese board game, which has long been considered and 20% of requests on Android phones are made by of treatment and response around the world – impossible for computers to play at the international professional level. It’s much more difficult than voice alone5. exponentially faster than any human. And it doesn’t other games like chess, even though the rules are relatively simple, because of the almost infinite just store data, it’s capable of finding meaning in AI is getting increasingly sophisticated at doing what number of possibilities and the high levels of intuition required of a world-class player. Deepmind’s it. Unlike humans, its decisions are all evidence- humans do but more efficiently, more quickly and at a lower programme displayed game-winning creativity, in some cases finding moves that challenged millennia based and free of cognitive biases or overconfidence, cost. The potential for both AI and robotics in healthcare of Go wisdom. enabling rapid analysis and vastly reducing – even is vast. Just like in our everyday lives, AI and robotics are eliminating – misdiagnosis. increasingly a part of our healthcare ecosystem. DeepMind Health began working with hospitals in the UK in 2016, searching for early signs of disease that lead to blindness and cancer, as well as developing new clinical mobile apps linked to electronic Google’s DeepMind Health is working in patient records. partnership with clinicians, researchers and patients Training Keeping to solve real-world healthcare problems. The Well technology combines machine learning and systems Early neuroscience to build powerful general-purpose Research AI and Detection learning algorithms into neural networks that mimic Robotics the human brain.
End of Life Care Diagnosis
Decision Treatment Making 4The Ringer (2016). How Siri Got Left Behind. https://theringer.com/amp/p/2ffc86fe5dfa Throughout this section of the report, we highlight a range 5The Economist (2017). How voice technology is transforming computing. of products and existing or emerging technology in side- http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- bars or boxes that we’ve found during our research for these people-control-world-through-words-alone-how-voice 7 Healthcare Data Institute (2015). http://healthcaredatainstitute. eight areas. It is extraordinary, and hard to keep up with as com/2015/02/18/big-unstructured-datas-contribution-to-healthcare/ new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Decision-making are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the Improving care requires the alignment of broad base engine to be serviced based on our driving patterns; it’s in data analysis with appropriate and timely decisions, AI and analytics platforms our everyday Google searches and the suggestions from and predictive analytics can support clinical decision- for decision-making Amazon that follow us around on the web; it’s the chatbot making and actions as well as prioritise tasks. on the end of the telephone in call service centres. AI is becoming ubiquitous and most of us use it: Apple’s Siri Using the system dynamics driven pattern processes two billion natural-language requests a week4, recognition to identify patients at risk of developing and 20% of requests on Android phones are made by a condition – or seeing it deteriorate due to lifestyle, voice alone5. environmental, genomic, or other factors – is another area where AI is beginning to take hold in healthcare. AI is getting increasingly sophisticated at doing what For example, in an extension and application of humans do but more efficiently, more quickly and at a lower AI, PwC’s Bodylogical™ captures learnings in cost. The potential for both AI and robotics in healthcare mechanistic modeling to digitally represent the is vast. Just like in our everyday lives, AI and robotics are physiology of the human body. This enables true- increasingly a part of our healthcare ecosystem. life simulations to predict the likely progression of chronic diseases in the future based on today’s actions and interventions. These simulations help Training Keeping pharmaceutical companies, providers, payers, Well employers, researchers and consumers better Early understand how daily life choices and therapeutics Research AI and Detection impact individual patients or population health Robotics outcomes and associated costs.
End of Life Care Diagnosis
Decision Treatment Making
Throughout this section of the report, we highlight a range 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Decision-making are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the Improving care requires the alignment of broad base engine to be serviced based on our driving patterns; it’s in data analysis with appropriate and timely decisions, AI and analytics platforms our everyday Google searches and the suggestions from and predictive analytics can support clinical decision- for decision-making Amazon that follow us around on the web; it’s the chatbot making and actions as well as prioritise tasks. on the end of the telephone in call service centres. AI is platform is an integrated suite of healthcare information technology becoming ubiquitous and most of us use it: Apple’s Siri UsingQuest the system Diagnostics’ dynamics Quanum driven pattern and predictive analytics tools that analyses patient test data together with their medical data to help processes two billion natural-language requests a week4, recognition to identify patients at risk of developing primary care physicians identify patients with early onset memory loss and dementia. and 20% of requests on Android phones are made by a condition – or seeing it deteriorate due to lifestyle, 5 environmental, genomic, or other factors – is another voice alone . has developed a predictive analytics platform that identifies people whose health is area VitreosHealthwhere AI is beginning to take hold in healthcare. most likely to deteriorate and implements change protocols to prevent catastrophic health events. AI is getting increasingly sophisticated at doing what For example, in an extension and application of humans do but more efficiently, more quickly and at a lower AI, PwC’s Bodylogical™ captures learnings in cost. The potential for both AI and robotics in healthcare mechanistic modeling to digitally represent the is vast. Just like in our everyday lives, AI and robotics are physiology of the human body. This enables true- increasingly a part of our healthcare ecosystem. life simulations to predict the likely progression of chronic diseases in the future based on today’s actions and interventions. These simulations help Training Keeping pharmaceutical companies, providers, payers, Well employers, researchers and consumers better Early understand how daily life choices and therapeutics Research AI and Detection impact individual patients or population health Robotics outcomes and associated costs.
End of Life Care Diagnosis
Decision Treatment Making
Throughout this section of the report, we highlight a range 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Treatment are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the Beyond scanning health records to help providers engine to be serviced based on our driving patterns; it’s in identify chronically ill individuals who may be at Treatment our everyday Google searches and the suggestions from risk of an adverse episode, AI can help clinicians Amazon that follow us around on the web; it’s the chatbot take a more comprehensive approach for disease on the end of the telephone in call service centres. AI is management, better coordinate care plans and becoming ubiquitous and most of us use it: Apple’s Siri help patients to better manage and comply with processes two billion natural-language requests a week4, their long-term treatment programmes. AiCure and 20% of requests on Android phones are made by has built an application to monitor patients with voice alone5. long-term conditions and help them adhere to medication intake. The application uses a visual AI is getting increasingly sophisticated at doing what recognition system to identify the patient’s face, the humans do but more efficiently, more quickly and at a lower medication they’re taking, and confirm ingestion. cost. The potential for both AI and robotics in healthcare The data is then sent back to the care provider or to a is vast. Just like in our everyday lives, AI and robotics are pharmaceutical company conducting a clinical trial. increasingly a part of our healthcare ecosystem. Robots have been used in medicine for more than 30 years. From the first programmable universal Training Keeping machine for assembly (PUMA), used in urology Well surgery in the 1980s, to the da Vinci robot, the most Early widely used robotic system in clinical use today, Research AI and Detection robots have developed to perform a wide range Robotics of tasks and functions. They range from simple laboratory robots to highly complex surgical robots End of that can either aid a human surgeon or execute Life Care Diagnosis operations by themselves. In addition to surgery, Decision they’re used in hospitals and labs for repetitive Treatment Making tasks, in rehabilitation, physical therapy and in support of those with long-term conditions. RoBear Throughout this section of the report, we highlight a range is a nursing-care robot that is able to lift and move 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- patients in and out of bed into a wheelchair, help https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. those who need assistance to stand, and even turn http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as patients in bed to prevent bedsores. people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Treatment are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the Beyond scanning health records to help providers engine to be serviced based on our driving patterns; it’s in identify chronically ill individuals who may be at Treatment our everyday Google searches and the suggestions from risk of an adverse episode, AI can help clinicians Amazon that follow us around on the web; it’s the chatbot take a more comprehensive approach for disease on the end of the telephone in call service centres. AI is management, better coordinate care plans and becomingAI ubiquitous and most of us use it: Apple’s Siri help patients to better manageRobotics and comply with processes two billion natural-language requests a week4, their long-term treatment programmes. AiCure Innovaccer’s AI Assisted Care Coordination Platform addresses persistent KASPAR is a child-sized humanoid robot designed to help teachers and parents and 20%issues of inrequests care and on connectivity,Android phones and are assures made adherenceby to care hasplans built by antracking application support to monitor children patients with with autism. voice alonedeviations5. and staying updated on post-acute patient needs. long-term conditions and help them adhere to medication intake. The applicationis a mobile uses a communicationvisual robot that facilitates a chronically ill patients’ AI is getting increasingly sophisticated at doing what Giraff is a remote patient intelligence service provider that deliversrecognition integrated system to identifycontact the with patient’s the outside face, theworld. It is remote-controlled, on wheels, and has a humansSentrian do but more efficiently, more quickly and at a lower remote patient monitoring and analytics to health plan membersmedication with complex they’re taking,camera and confirmand monitor. ingestion. cost. The potential for both AI and robotics in healthcare pulmonary diseases. The data is then sent back to the care provider or to a is vast. Just like in our everyday lives, AI and robotics are pharmaceutical companyBestic conducting is a robotic-assisted a clinical trial. dining appliance for people who are unable to move increasingly a part of our healthcare ecosystem. Royal Philips delivers remote care options to proactively help patients at home. their arms or hands. The services are powered by data analytics and connected sensorsRobots enabling have been used in medicine for more than 24/7 monitoring and delivery of an ongoing stream of monitoring30 data years. to Froma remote the firstToyota programmable has created universal four robots that enable immobilized patients to walk or balance. home-care Trainingteam. Keeping machine for assembly (PUMA), used in urology Well surgery in the 1980s, toXenex the da robotsVinci robot, disinfect the mosthospital facilities using UV light, destroying microorganisms that can be the cause of hospital acquired infections (HAIs). Google DeepMind is partnering with the UniversityEarly College Londonwidely Hospitals’ used robotic system in clinical use today, radiotherapyResearch department. DeepMind willDetection test the use of AI and machinerobots have learning developed to to perform a wide range AI and robots automate the delivery and transportation of the immense reduce the time it takes to plan radiotherapy treatment for hard-to-treatof tasks and cancers functions. of TheyAethon’s range TUG from simple Robotics amount of materials – including food, laundry and prescriptions – that move the head and neck. laboratory robots to highly complex surgical robots through a hospital every day, freeing staff to focus on patient care. End of that can either aid a human surgeon or execute Life Care Diagnosis IBM’s Watson for Oncology gives treatment recommendationsoperations based on bypatients’ themselves. In addition to surgery, medical records and is now being used around the world, including 21 hospitals Veebot is a robot that can draw blood faster and more safely than a human. Decision they’re used in hospitals and labs for repetitive Treatment across China and in Thailand andMaking India. tasks, in rehabilitation, physical therapy and in support of those with long-term conditions. RoBear Throughout this section of the report, we highlight a range is a nursing-care robot that is able to lift and move 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- patients in and out of bed into a wheelchair, help https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. those who need assistance to stand, and even turn http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as patients in bed to prevent bedsores. people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics End of life care are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the We are living much longer than previous generations, engine to be serviced based on our driving patterns; it’s in and as we approach the end of life, we are dying End of life care our everyday Google searches and the suggestions from in a different and slower way, from conditions like Amazon that follow us around on the web; it’s the chatbot dementia, heart failure and osteoporosis. It is also a on the end of the telephone in call service centres. AI is phase of life that is often plagued by loneliness. becoming ubiquitous and most of us use it: Apple’s Siri processes two billion natural-language requests a week4, Robots have the potential to revolutionise end of and 20% of requests on Android phones are made by life care, helping people to remain independent voice alone5. for longer, reducing the need for hospitalisation, caregivers and care homes by performing routine AI is getting increasingly sophisticated at doing what tasks such as taking vital signs and prompting for humans do but more efficiently, more quickly and at a lower medication. AI combined with the advancements cost. The potential for both AI and robotics in healthcare in humanoid design are enabling robots to go even is vast. Just like in our everyday lives, AI and robotics are further and have ‘conversations’ and other social increasingly a part of our healthcare ecosystem. interactions with the people that keep ageing minds sharp and solves problems of loneliness and isolation. Kompai robots talk, understand speech, remind Training Keeping people of meetings, keep track of shopping lists and Well play music. Developed to assist the elderly in their Early own homes, they are able to monitor for falls and Research AI and Detection other health parameters, provide alerts, and connect Robotics via video-conference with healthcare providers as well as with friends and family. End of Life Care Diagnosis
Decision Treatment Making
Throughout this section of the report, we highlight a range 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics End of life care are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the We are living much longer than previous generations, engine to be serviced based on our driving patterns; it’s in and as we approach the end of life, we are dying End of life care our everyday Google searches and the suggestions from in a different and slower way, from conditions like Amazon that follow us around on the web; it’s the chatbot dementia, heart failure and osteoporosis. It is also a on the end of the telephone in call service centres. AI is phase of life that is often plagued by loneliness. are advanced interactive robots that enable the documented benefits of becoming ubiquitous and most of us use it: Apple’s Siri Paro Therapeutic Robots animal therapy to be administered to patients in environments such as hospitals and extended care processes two billion natural-language requests a week4, Robots have the potential to revolutionise end of facilities where live animals present treatment or logistical difficulties. They’ve been found to reduce and 20% of requests on Android phones are made by life care, helping people to remain independent stress, stimulate interaction and improve socialisation. voice alone5. for longer, reducing the need for hospitalisation, caregivers and care homes by performing routine is developing robots that move around on wheels but have a friendly humanoid face. The AI is getting increasingly sophisticated at doing what tasksRobot such as Era taking vital signs and prompting for robot’s sensors and cameras are used to gather and analyse real-time data which is then sent to humans do but more efficiently, more quickly and at a lower medication. AI combined with the advancements the cloud wirelessly where algorithms extrapolate such advanced information as whether someone cost. The potential for both AI and robotics in healthcare in humanoid design are enabling robots to go even is showing signs of dementia. They can also remind the elderly about daily tasks and important is vast. Just like in our everyday lives, AI and robotics are further and have ‘conversations’ and other social information, and track conditions over time. increasingly a part of our healthcare ecosystem. interactions with the people that keep ageing minds sharp and solves problems of loneliness and isolation. Zora Robotics is building AI software into Zora Bots that have patient-facing roles in hospitals and Kompaiare trainingrobots talk,humanoid understand robots speech, to hold remind conversations with the elderly. Training Keeping people of meetings, keep track of shopping lists and Well play music. Developed to assist the elderly in their Early own homes, they are able to monitor for falls and Research AI and Detection other health parameters, provide alerts, and connect Robotics via video-conference with healthcare providers as well as with friends and family. End of Life Care Diagnosis
Decision Treatment Making
Throughout this section of the report, we highlight a range 4The Ringer (2016). How Siri Got Left Behind. of products and existing or emerging technology in side- https://theringer.com/amp/p/2ffc86fe5dfa bars or boxes that we’ve found during our research for these 5The Economist (2017). How voice technology is transforming computing. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Research are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the Each and every one of us has most likely taken a However, medical research is not just about finding engine to be serviced based on our driving patterns; it’s in medication prescribed by our doctors for a symptom or new drugs to combat disease. It also includes research our everyday Google searches and the suggestions from illness at some point in our lives. Those with chronic into disease itself, with the ultimate goal being to Amazon that follow us around on the web; it’s the chatbot diseases often depend upon medication to manage what inoculate against or completely eliminate disease. Meta on the end of the telephone in call service centres. AI is might otherwise be debilitating diseases. But the path is a Canadian start-up that uses AI to quickly read and becoming ubiquitous and most of us use it: Apple’s Siri from research lab to patient is a long and costly one. comprehend scientific papers and then provide insights processes two billion natural-language requests a week4, to researchers; it was bought by the Chan Zuckerberg and 20% of requests on Android phones are made by According to the California Biomedical Research Initiative in January 2017 as part of the charitable voice alone5. Association, it takes an average of 12 years for a drug foundation’s mission to eradicate disease. to travel from the research lab to the patient. Only AI is getting increasingly sophisticated at doing what five in 5,000, or .1%, of the drugs that begin humans do but more efficiently, more quickly and at a lower pre-clinical testing ever make it to human testing Research cost. The potential for both AI and robotics in healthcare and just one of these five is ever approved for is vast. Just like in our everyday lives, AI and robotics are human usage. Furthermore, on average, it will cost increasingly a part of our healthcare ecosystem. a company US $359 million to develop a new drug from the research lab to the patient8.
Drug research and discovery is one of the more Training Keeping Well recent applications for AI in healthcare. By directing
Early the latest advances in AI to streamline the drug Research AI and Detection discovery and drug repurposing processes there is the potential to significantly cut both the time to Robotics market for new drugs and their costs, not only for End of the labs who develop the drugs, but for those people Diagnosis Life Care whose health depends upon them. Pharma.AI is Decision the Pharmaceutical Artificial Intelligence division of Treatment Making Insilico Medicine, a bioinformatics company located at the Emerging Technology Centers at the Johns 4The Ringer (2016). How Siri Got Left Behind. https://theringer.com/amp/p/2ffc86fe5dfa Throughout this section of the report, we highlight a range 5 Hopkins University, launched in March 2016. They The Economist (2017). How voice technology is transforming computing. of products and existing or emerging technology in side- focus on drug discovery programmes for cancer, http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- bars or boxes that we’ve found during our research for these Parkinson’s, Alzheimer’s, and other ageing and people-control-world-through-words-alone-how-voice 8California Biomedical Research Association. New Drug Development Process. eight areas. It is extraordinary, and hard to keep up with as age‑related health issues. http://www.ca-biomed.org/pdf/media-kit/fact-sheets/CBRADrugDevelop.pdf new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Research are transforming healthcare Most of us are barely aware of it, but AI is already a part of our lives – it’s in our cars, telling us when it’s time for the Each and every one of us has most likely taken a However, medical research is not just about finding engine to be serviced based on our driving patterns; it’s in medication prescribed by our doctors for a symptom or new drugs to combat disease. It also includes research our everyday Google searches and the suggestions from illness at some point in our lives. Those with chronic into disease itself, with the ultimate goal being to Amazon that follow us around on the web; it’s the chatbot diseases often depend upon medication to manage what inoculate against or completely eliminate disease. Meta on the end of the telephone in call service centres. AI is might otherwise be debilitating diseases. But the path is a Canadian start-up that uses AI to quickly read and becoming ubiquitous and most of us use it: Apple’s Siri from research lab to patient is a long and costly one. comprehend scientific papers and then provide insights processes two billion natural-language requests a week4, to researchers; it was bought by the Chan Zuckerberg and 20% of requests on Android phones are made by According to the California Biomedical Research Initiative in January 2017 as part of the charitable voice alone5. Association, it takes an average of 12 years for a drug foundation’s mission to eradicate disease. to travel from the research lab to the patient. Only AI is getting increasingly sophisticated at doing what five in 5,000, or .1%, of the drugs that begin humans do but more efficiently, more quickly and at a lower pre-clinical testing ever make it to human testing Research cost. The potential for both AI and robotics in healthcare and just one of these five is ever approved for is vast. Just like in our everyday lives, AI and robotics are human usage. Furthermore, on average, it will cost increasingly a part of our healthcare ecosystem. a company US $359 million to develop a new drug The has entered into a public-private alliance to develop a self-learning AI from the Japaneseresearch lab Government to the patient8. at the government-affiliated National Institutes of Biomedical Innovation, Health and Nutrition. The Drugpartnership research and will discovery support isresearchers one of the morein streamlining the development of new drugs in order to boost Training Keeping Well recentthe applications nation’s competitive for AI in healthcare. advantage. By directing the latest advances in AI to streamline the drug Early , a startup that uses an AI platform for drug discovery, initiated a phase II clinical trial in Research Detection discoveryBERG and Health drug repurposing processes there is AI and 2016 for a drug compound that could potentially treat pancreatic cancer. the potential to significantly cut both the time to Robotics market for new drugs and their costs, not only for Atomwise found two existing drugs – reportedly in one day using its AI technology – that may also End of the labs who develop the drugs, but for those people Diagnosis work against the Ebola virus. Life Care whose health depends upon them. Pharma.AI is Decision the Pharmaceutical Artificial Intelligence division of Treatment Making Insilico Medicine, a bioinformatics company located at the Emerging Technology Centers at the Johns 4The Ringer (2016). How Siri Got Left Behind. https://theringer.com/amp/p/2ffc86fe5dfa Throughout this section of the report, we highlight a range 5 Hopkins University, launched in March 2016. They The Economist (2017). How voice technology is transforming computing. of products and existing or emerging technology in side- focus on drug discovery programmes for cancer, http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- bars or boxes that we’ve found during our research for these Parkinson’s, Alzheimer’s, and other ageing and people-control-world-through-words-alone-how-voice 8California Biomedical Research Association. New Drug Development Process. eight areas. It is extraordinary, and hard to keep up with as age‑related health issues. http://www.ca-biomed.org/pdf/media-kit/fact-sheets/CBRADrugDevelop.pdf new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
Keeping well Early Detection Diagnosis Decision-making Treatment End of life care Research Training
No longer science fiction, AI and robotics Training are transforming healthcare
Most of us are barely aware of it, but AI is already a part of AI allows those in training to go through naturalistic This shift will inevitably alter many of the roles of our lives – it’s in our cars, telling us when it’s time for the simulations in a way that simple computer-driven healthcare professionals. As these new technologies and engine to be serviced based on our driving patterns; it’s in algorithms cannot. The advent use of natural speech in perspectives become more integrated within and across our everyday Google searches and the suggestions from technology and the ability of an AI computer to draw our healthcare systems and more ubiquitous among Amazon that follow us around on the web; it’s the chatbot instantly on a large database of scenarios means AI can the population, the skills that are required by our new on the end of the telephone in call service centres. AI is respond to questions, decisions or advice from a trainee health landscape may well be markedly different than becoming ubiquitous and most of us use it: Apple’s Siri and can challenge more effectively than a human can. those that are needed today. We currently train our 4 processes two billion natural-language requests a week , And the training programme can learn from previous doctors and nurses in the context of health systems that and 20% of requests on Android phones are made by responses from the trainee, meaning that the challenges may no longer exist once they graduate medical school. 5 voice alone . can be continually adjusted to meet their learning needs. An understanding of technology will be imperative. AI is getting increasingly sophisticated at doing what Programming, data analytics and human behaviour humans do but more efficiently, more quickly and at a lower And training can be done anywhere with the power may well be as much a part of the medical curricula as cost. The potential for both AI and robotics in healthcare of AI embedded on a smartphone, for example, as anatomy and neurology. is vast. Just like in our everyday lives, AI and robotics are quick catch up sessions, after a tricky case in a clinic or increasingly a part of our healthcare ecosystem. while travelling. AI and robotics technology will free up clinicians for other types of work that enable them to spend more meaningful To date, the main way new technologies have been used time with their patients. Rather than a profession to augment training is through virtual reality (VR). of ‘healthcare providers’, AI and robotics will open Training Keeping Well Combining VR with AI will offer boundless opportunities opportunities for more holistic patient care, with a focus for extending the skills of trainees in a targeted fashion. on keeping patients healthier longer, instead of primarily Early Research treating illness. AI and Detection AI and robotics are redrawing the healthcare Robotics landscape. The wave of innovation being driven by AI will likely challenge the traditional role of the doctor. these technologies is not only transforming clinical But, rather than worrying if these technologies are going End of decision-making, patient monitoring and care, and Life Care Diagnosis to replace doctors and other healthcare professionals, we surgical support, but fundamentally changing how should be considering more deeply their wider role in Decision we approach healthcare for our populations. We are the entire healthcare continuum with a clear eye towards Treatment Making already experiencing this shift as we focus on integrating training our healthcare workforce for the future. prevention and wellness into our health systems and Throughout this section of the report, we highlight a range 4The Ringer (2016). How Siri Got Left Behind. https://theringer.com/ we are heading towards a time when people work more amp/p/2ffc86fe5dfa of products and existing or emerging technology in side- proactively with their healthcare professionals across 5The Economist (2017). How voice technology is transforming computing. bars or boxes that we’ve found during our research for these illness and wellness. http://www.economist.com/news/leaders/21713836-casting-magic-spell-it-lets- eight areas. It is extraordinary, and hard to keep up with as people-control-world-through-words-alone-how-voice new uses of AI and robotics are launched every week. What doctor? Why AI and robotics will define New Health
Introduction Transforming Investment Findings Conclusion References About Contacts
AI investment heats up Rise of the robots AI investment heats up
From predictive insights to robotic In 2011 there were fewer than ten deals related to healthcare 13 surgery, investment is booming AI; this leapt to almost 70 deals in 2016. Some of the 2016 deals AI investment highlights Investing in health is always a long-term prospect, included a US$25m Series A round raised by London-based whether it is a matter of training a doctor, developing health services startup, Babylon Health, and a US$154m Series a new drug, building a new facility or developing AI A round raised by China-based iCarbonX11. and robotics. The question is, given that long-term view, and the potential of AI and robotics, where According to CB Insights, healthcare is the hottest area of should that investment go? Already AI is coming investment within AI. They identified over 100 companies that 12 of age, and the AI healthcare market is poised for have raised an equity funding round since January 2013 . From dramatic growth. Frost & Sullivan predicts that the AI insights and analytics, imaging and diagnostics, drug discovery to market for healthcare will increase by 40% between remote patient monitoring and virtual assistants, AI is poised to 2014 and 2021. And they estimate growth from impact every aspect of healthcare. US$633.8m to US$6.662bn9.