Archive for the ‘Artificial Intelligence’ Category

Artificial Intelligence: Researchers develop algorithm to predict crime a week in advance – Interesting Engineering

Social scientists at the University of Chicago have developed an algorithm that can forecast crime in urban areas up to a week in advance, Bloomberg reportedon Thursday.

Over the past few years, there has been a steep rise in the use of algorithms around us. From predicting weather to driving cars, making shopping recommendations, and finding cures for diseases, algorithms are at work everywhere. It would hardly be a surprise if they were not used to fighting crimes.

Prior to the Olympics, Tokyo Police were looking to implement artificial intelligence (A.I.) based technology to predict crimes before they could take place. If it sounds like we are living in a Minority Report-like future already, the fact is that we already are and have been for almost a decade now.

According to the Bloomberg report, the Chicago Police Department implemented the Crime and Victimization Risk Model way back in 2012 with the help of some academic researchers. The model used factors like age and arrest history to prepare a list of potential attackers and their victims and even assigned a score to listed individuals to help law enforcement agencies confer urgency to tracking the predicted perpetrator as well as their victim.

The concept might sound interesting, but the actual application was dodgy. As investigations later showed, almost half of the alleged perpetrators on the list had never been charged for illegal possession of arms, while others had not been charged with serious offenses before. A Technology Review report in 2019 detailed how risk assessment algorithms that determined whether an individual should be sent to jail or not were trained on historically biased data.

So, when researchers at the University of Chicago, led by assistant professor Ishanu Chattopadhyay, tried to build their algorithm, they wanted to avoid past mistakes.

The algorithm divides a city into 1,000 square feet tiles and uses the historical data on violent and property crimes to predict future events. The researchers told Bloomberg that their model is different from other such algorithmic predictions since the other look at crime as emerging from hotspots and spreading to other areas.

However, such approaches, the researchers argue, miss the complex social environment of cities and are also biased by the surveillance used by the state for law enforcement. Instead, the algorithm used analyses previous crime reports taking into account many other factors, and then forecasted crime likelihood in Chicago with 90 percent accuracy. The model was also used to predict crimes in eight different cities in the U.S., which included big names like Los Angeles, Atlanta, and Philadelphia, and worked well in those scenarios as well, Bloomberg said in its report.

The algorithm and science details were published in the journal Nature Human Behaviour.

Abstract

Policing efforts to thwart crime typically rely on criminal infraction reports, which implicitly manifest a complex relationship between crime, policing and society. As a result, crime prediction and predictive policing have stirred controversy, with the latest artificial intelligence-based algorithms producing limited insight into the social system of crime. Here we show that, while predictive models may enhance state power through criminal surveillance, they also enable surveillance of the state by tracing systemic biases in crime enforcement. We introduce a stochastic inference algorithm that forecasts crime by learning spatio-temporal dependencies from event reports, with a mean area under the receiver operating characteristic curve of ~90% in Chicago for crimes predicted per week within ~1,000ft. Such predictions enable us to study perturbations of crime patterns that suggest that the response to increased crime is biased by neighbourhood socio-economic status, draining policy resources from socio-economically disadvantaged areas, as demonstrated in eight major US cities.

More:
Artificial Intelligence: Researchers develop algorithm to predict crime a week in advance - Interesting Engineering

Artificial Intelligence (AI) Market in Retail Sector Market – 40% of Growth to Originate from North America| Driven by the Rise in Investments and R…

NEW YORK, June 29, 2022 /PRNewswire/ --The "Artificial Intelligence (AI) Market in Retail Sector Market - Competitive Analysis, Drivers, Trends, Challenges &Five Force Analysis" report has been added to Technavio's offering.The artificial intelligence (AI) market in the retail sector market value is anticipated to grow by USD 29.57 billion, at a CAGR of 35.69% from 2021to 2026.

Technavio has announced its latest market research report titled Artificial Intelligence (AI) Market in Retail Sector Market by Application and Geography - Forecast and Analysis 2022-2026

40% of the market's growth will originate from North America during the forecast period. US andCanada are the key markets forartificial intelligence (AI)in the retail sectorin North America. Market growth in this region will be fasterthan the growth of the market in South America and MEA.The significant increase in theinvestments in the technology and theearly adoption of AI will facilitate theartificial intelligence (AI) market growth in the retail sector in North America over the forecast period.

For more information on region segment Get a sample now!

Market Dynamics

The key factordriving the global artificial intelligence (AI) market growth inthe retail sector is the rise in investments and R&D in AI startups. Many governments have come up with formal AI frameworks and strategies, such as the US executive order on American leadership in AI, China's Next Generation Artificial Intelligence Development Plan, and AI Made in Germany, all of which are aimed at driving economic and technological growth.

However,the key challenge to the global artificial intelligence market growth in the retail sector is theprivacy issues associated with AI deployment. By using advanced data mining techniques, data is gathered on several parameters such as the customer's buying habits, customers' online behavior, and payment information.

To know about other drivers & challenges along with market trends Request a sample now!

Company Profiles

The artificial intelligence (AI) market in the retail sector market is fragmented and the vendors are deploying growth strategies such aspricing and marketing strategies andproduct differentiationto compete in the market.

Story continues

Some of the companies covered in this report are Accenture Plc, Amazon.com Inc., BloomReach Inc., Capgemini SE, Daisy Intelligence Corp., Element AI Inc., Evolv Technology Solutions Inc., Inbenta Technologies Inc., Infosys Ltd., Intel Corp., International Business Machines Corp., Mad Street Den Inc., Microsoft Corp., NVIDIA Corp., Oracle Corp., Plexure Group Ltd., Salesforce.com Inc., SAP SE, Symphony Retail Solutions, and Trax Technology Solutions Pte. Ltd., etc.

To know about all major vendor offerings Click here for sample report!

Competitive Analysis

The competitive scenario provided in the artificial intelligence (AI) market in retail sector market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Segmentation Analysis

By Application, the market is classified assales and marketing, in-store, PPP, and logistics management.

ByGeography, the market is classified as North America, APAC, Europe, the Middle East and Africa, and South America.

To know about the contribution of each segment - Request a sample report!

Related Reports:

Product Information Management Market-The product information management market share is expected to increase toUSD7.40 billion from 2021 to 2026,and the market's growth momentum will accelerate at a CAGR of 12.17%.Download a sample now!

Business Productivity Software Market-The business productivity software market share is estimated to reach a value of USD98.39 billion from 2021 to 2026 at an acceleratingCAGR of 14.24%. Download a sample now!

Artificial Intelligence (AI) Market Scopein Retail Sector

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 35.69%

Market growth 2022-2026

$ 29.57 billion

Market structure

Fragmented

YoY growth (%)

31.45

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 40%

Key consumer countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Amazon.com Inc., BloomReach Inc., Capgemini SE, Daisy Intelligence Corp., Element AI Inc., Evolv Technology Solutions Inc., Inbenta Technologies Inc., Infosys Ltd., Intel Corp., International Business Machines Corp., Mad Street Den Inc., Microsoft Corp., NVIDIA Corp., Oracle Corp., Plexure Group Ltd., Salesforce.com Inc., SAP SE, Symphony Retail Solutions, and Trax Technology Solutions Pte. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: http://www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/artificial-intelligence-ai-market-in-retail-sector-market---40-of-growth-to-originate-from-north-america-driven-by-the-rise-in-investments-and-r--d-in-ai-startups-technavio-301576949.html

SOURCE Technavio

View post:
Artificial Intelligence (AI) Market in Retail Sector Market - 40% of Growth to Originate from North America| Driven by the Rise in Investments and R...

Worldwide Artificial Intelligence (AI) in Drug Discovery Market to reach $ 4.0 billion by 2027 at a CAGR of 45.7% – ResearchAndMarkets.com – Business…

DUBLIN--(BUSINESS WIRE)--The "Artificial Intelligence (AI) in Drug Discovery Market by Component (Software, Service), Technology (ML, DL), Application (Neurodegenerative Diseases, Immuno-Oncology, CVD), End User (Pharmaceutical & Biotechnology, CRO), Region - Global forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The Artificial intelligence/AI in drug discovery Market is projected to reach USD 4.0 billion by 2027 from USD 0.6 billion in 2022, at a CAGR of 45.7% during the forecast period. The growth of this market is primarily driven by factors such as the need to control drug discovery & development costs and reduce the overall time taken in this process, the rising adoption of cloud-based applications and services. On the other hand, the inadequate availability of skilled labor is key factor restraining the market growth at certain extent over the forecast period.

Services segment is estimated to hold the major share in 2022 and also expected to grow at the highest over the forecast period

On the basis of offering, the AI in drug discovery market is bifurcated into software and services. the services segment expected to account for the largest market share of the global AI in drug discovery services market in 2022, and expected to grow fastest CAGR during the forecast period. The advantages and benefits associated with these services and the strong demand for AI services among end users are the key factors for the growth of this segment.

Machine learning technology segment accounted for the largest share of the global AI in drug discovery market

On the basis of technology, the AI in drug discovery market is segmented into machine learning and other technologies. The machine learning segment accounted for the largest share of the global market in 2021 and expected to grow at the highest CAGR during the forecast period. High adoption of machine learning technology among CRO, pharmaceutical and biotechnology companies and capability of these technologies to extract insights from data sets, which helps accelerate the drug discovery process are some of the factors supporting the market growth of this segment.

Pharmaceutical & biotechnology companies segment expected to hold the largest share of the market in 2022

On the basis of end user, the AI in drug discovery market is divided into pharmaceutical & biotechnology companies, CROs, and research centers and academic & government institutes. In 2021, the pharmaceutical & biotechnology companies segment accounted for the largest share of the AI in drug discovery market. On the other hand, research centers and academic & government institutes are expected to witness the highest CAGR during the forecast period. The strong demand for AI-based tools in making the entire drug discovery process more time and cost-efficient is the key growth factor of pharmaceutical and biotechnology end-user segment.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Growing Need to Control Drug Discovery & Development Costs is a Key Factor Driving the Adoption of AI in Drug Discovery Solutions

4.2 Services Segment to Witness the Highest Growth During the Forecast Period

4.3 Deep Learning Segment Accounted for the Largest Market Share in 2021

4.4 North America is the Fastest-Growing Regional Market for AI in Drug Discovery

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Market Drivers

5.2.1.1 Growing Number of Cross-Industry Collaborations and Partnerships

5.2.1.2 Growing Need to Control Drug Discovery & Development Costs and Reduce Time Involved in Drug Development

5.2.1.3 Patent Expiry of Several Drugs

5.2.2 Market Restraints

5.2.2.1 Shortage of AI Workforce and Ambiguous Regulatory Guidelines for Medical Software

5.2.3 Market Opportunities

5.2.3.1 Growing Biotechnology Industry

5.2.3.2 Emerging Markets

5.2.3.3 Focus on Developing Human-Aware AI Systems

5.2.3.4 Growth in the Drugs and Biologics Market Despite the COVID-19 Pandemic

5.2.4 Market Challenges

5.2.4.1 Limited Availability of Data Sets

5.3 Value Chain Analysis

5.4 Porter's Five Forces Analysiss

5.5 Ecosystem

5.6 Technology Analysis

5.7 Pricing Analysis

5.8 Business Models

5.9 Regulations

5.10 Conferences and Webinars

5.11 Case Study Analysis

6 Artificial Intelligence in Drug Discovery Market, by Offering

7 Artificial Intelligence in Drug Discovery Market, by Technology

8 Artificial Intelligence in Drug Discovery Market, by Application

9 Artificial Intelligence in Drug Discovery Market, by End-user

10 Artificial Intelligence in Drug Discovery Market, by Region

11 Competitive Landscape

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/q5pvns

Read more:
Worldwide Artificial Intelligence (AI) in Drug Discovery Market to reach $ 4.0 billion by 2027 at a CAGR of 45.7% - ResearchAndMarkets.com - Business...

Artificial Intelligence in Aviation Market Size, Scope and Forecast | Micron, Intel, Boeing, Lockheed Martin, Xilinx, IBM, Amazon, Nvidia, Microsoft,…

New Jersey, United States The Artificial Intelligence in AviationMarket research report aims at providing a quick overview of the overall performance of the industry and significant novel trends. Important insights, as well as findings, latest key drivers, and constraints, are also depicted here. A huge array of quantitative and qualitative techniques is used by market analysts including in-depth interviews, ethnography, customer surveys, and analysis of secondary data. It becomes easy for major players to collect important data regarding key organizations along with insights such as customer behavior, market size, competition, and market need. By referring to this Artificial Intelligence in Aviation market study report, it becomes easy for key players to take evidence-based decisions.

This Artificial Intelligence in Aviation market study report adds the potential to impact its readers and users as the market growth rate is affected by innovative products, increasing demand for the product, raw material affluence, increasing disposable incomes, and altering consumption technologies. It also covers the effect of the COVID-19 virus on the growth and development of the market. Market players can study the report briefly before investing in the market and expecting higher returns. According to the report, the market scenario keeps on fluctuating based on many factors.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @https://www.verifiedmarketresearch.com/download-sample/?rid=3543

Key Players Mentioned in the Artificial Intelligence in Aviation Market Research Report:

Micron, Intel, Boeing, Lockheed Martin, Xilinx, IBM, Amazon, Nvidia, Microsoft, Airbus, Samsung Electronics, GE, Thales and Garmin.

There are several industries wanting to determine what customers really want and the Artificial Intelligence in Aviation market report helps in this regard by carrying out in-detailed market research. Before bringing a novel product into the market, every business owner wants to know the demand for the product, and this market study report works as the best guide for them. It further helps to meet business requirements by covering all the latest market advancements. Artificial Intelligence in Aviation market report is the best medium to have close eye on the activities of leading competitors as well as strategies they are deploying for business expansion. It further makes an in-depth analysis for the evaluation period 2022-2028 to bring more business opportunities for the company owners.

Artificial Intelligence in AviationMarket Segmentation:

Artificial Intelligence in Aviation Market, By Offering

Hardware Software Services

Artificial Intelligence in Aviation Market, By Technology

Machine Learning Natural Language Processing Context Awareness Computing Computer Vision

Artificial Intelligence in Aviation Market, By Application

Virtual Assistants Smart Maintenance Manufacturing Training Others

Inquire for a Discount on this Premium Report@ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=3543

Artificial Intelligence in Aviation Market Report Scope

Key questions answered in the report:

1. Which are the five top players of the Artificial Intelligence in Aviation market?

2. How will the Artificial Intelligence in Aviation market change in the next five years?

3. Which product and application will take a lions share of the Artificial Intelligence in Aviation market?

4. What are the drivers and restraints of the Artificial Intelligence in Aviation market?

5. Which regional market will show the highest growth?

6. What will be the CAGR and size of the Artificial Intelligence in Aviation market throughout the forecast period?

For More Information or Query or Customization Before Buying, Visit @ https://www.verifiedmarketresearch.com/product/global-artificial-intelligence-in-aviation-market-size-and-forecast-to-2025/

Visualize Artificial Intelligence in Aviation Market using Verified Market Intelligence:-

Verified Market Intelligence is our BI-enabled platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

Visualize Artificial Intelligence in Aviation Market using VMI @ https://www.verifiedmarketresearch.com/vmintelligence/

About Us: Verified Market Research

Verified Market Research is a leading Global Research and Consulting firm that has been providing advanced analytical research solutions, custom consulting and in-depth data analysis for 10+ years to individuals and companies alike that are looking for accurate, reliable and up to date research data and technical consulting. We offer insights into strategic and growth analyses, Data necessary to achieve corporate goals and help make critical revenue decisions.

Our research studies help our clients make superior data-driven decisions, understand market forecast, capitalize on future opportunities and optimize efficiency by working as their partner to deliver accurate and valuable information. The industries we cover span over a large spectrum including Technology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive, Robotics, Packaging, Construction, Mining & Gas. Etc.

We, at Verified Market Research, assist in understanding holistic market indicating factors and most current and future market trends. Our analysts, with their high expertise in data gathering and governance, utilize industry techniques to collate and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research.

Having serviced over 5000+ clients, we have provided reliable market research services to more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the worlds leading consulting firms like McKinsey & Company, Boston Consulting Group, Bain and Company for custom research and consulting projects for businesses worldwide.

Contact us:

Mr. Edwyne Fernandes

Verified Market Research

US: +1 (650)-781-4080UK: +44 (753)-715-0008APAC: +61 (488)-85-9400US Toll-Free: +1 (800)-782-1768

Email: sales@verifiedmarketresearch.com

Website:- https://www.verifiedmarketresearch.com/

Read more:
Artificial Intelligence in Aviation Market Size, Scope and Forecast | Micron, Intel, Boeing, Lockheed Martin, Xilinx, IBM, Amazon, Nvidia, Microsoft,...

Glorikian’s New Book Sheds Light on Artificial Intelligence Advances in the Healthcare Field – The Armenian Mirror-Spectator

After describing various ways in which AI and big data are involved already in our daily lives, ranging from the food we eat, the cars we drive and the things we buy, he concludes that it is leading to the Fourth Industrial Revolution, a phrase coined by Klaus Schwab, the head of the World Economic Forum. All aspects of life will be transformed in a way analogous to the prior industrial revolutions (first the use of steam and waterpower, second the expansion of electricity and telegraph cables, and third, the digital revolution of the end of the 20th century).

At the heart of the book are the chapters in which he explains what data and AI have already accomplished for our health and what they can do in the future. The ever-expanding amount of personal data available combined with advances in AI allows for increasing accuracy of diagnoses, treatments and better sensors and software. Glorikian notes that today there are over 350,000 different healthcare apps and the mobile health market is expected to approach $290 billion in revenue by 2025.

Glorikian employs a light, informal style of writing, with references to pop culture such as Star Trek. He asks the reader questions and intersperses each chapter with what he calls sidebars. They are short illustrative stories or sets of examples. For example, AI Saved My Life: The Watch That Called 911 for a Fallen Cyclist (p. 68) starts with a man who lost consciousness after falling off his bike, and then lists other ways current phones can save lives. Other sidebars explain basic concepts like the meaning of genes and DNA; or about gene editing with CRISPR.

Present and Future Advances

Before getting into more complex issues, Glorikian describes what be most familiar to readers: the use of AI-enabled smartphone apps which guide individuals towards optimal diets and exercising as well as allow for group activities through remote communication and virtual reality. There are already countless AI-enabled smartphone apps and sensors allowing us to track our movements and exercise, as well as our diets, sleep and even stress levels. In the future, their approach will become more tailored to individual needs and data, including genomics, environment, lifestyle and molecular biology, with specific recommendations.

He speculates as to what innovations the near future may bring, remarking: What isnt clear is just how long it will take us to move from this point of collecting and finding patterns in the data, to one where we (and our healthcare providers are actively using those patterns to make accurate predications about our health. He gives the example of having an app to track migraine headaches, which can find and analyze patterns in the data (do they occur on nights when you have eaten a particular kind of food or traveled on a plane, for example). Eventually, at a more advanced stage, it might suggest you take an earlier flight or eat in a different restaurant that does not use ingredients that might be migraine triggers for you.

Healthcare will become more decentralized, Glorikian predicts, with people no longer forced to wait hours in hospital emergency rooms. Instead, some issues can be determined through phone apps and remote specialists, and others can be handled at rapid care facilities or pharmacies. Hospitals themselves will become more efficient with command centers monitoring the usage of various resources and using AI to monitor various aspects of patient health. Telerobotics will allow access to specialized surgeons located in major urban centers even if there are none in the local hospital.

In the chapter on genetics, Glorikian presents three ways in which unlocking the secrets of an individuals genome can have practical health consequences right now. The first is the prevention of bad drug reactions through pharmacogenomics, or learning how genes affect response to drugs. Second are enhanced screening and preventative treatment for hereditary cancer syndromes. One major advancement just starting to be used more, notes Glorikian, is liquid biopsy, in which a blood sample allows identification of tumor cells as opposed to standard physical biopsies. It is less invasive and sometimes more accurate for detecting cancers prior to the appearance of symptoms. The third way is DNA sequencing at birth to screen for many disorders which are treatable when caught early. The future may see corrections of various mutations through gene editing.

He points out the various benefits in the health field of collecting large sets of data. For example, it allows the use of AI or machine learning to better read mammogram results and to better predict which patients would see benefit from various procedures like cardiac resynchronization therapy or who had greater risk for cardiovascular disease. There is hope that this approach can help detect the start and the progression of diseases like Alzheimers or diabetic retinopathy. Ultimately it may even be able to predict fairly reliably when individuals would die.

At present, AI accessing sufficient data is helping identify new drugs, saving time and money by using statistical models to predict whether the new drugs will work even before trials. AI can determine which variables or dimensions to remove when making complex computations of models in order to speed up computational processes. This is important when there are large numbers of variables and vast amounts of data.

Glorikian does not miss the opportunity to use the current Covid-19 crisis as a teaching moment. In a chapter called Solving the Pandemic Problem, Glorikian discusses the role AI, machine learning and big data played in the fight against the coronavirus pandemic, in spotting it early on, predicting where it might travel next, sequencing its genome in days, and developing diagnostic tests, vaccines and treatments. Vaccine development, like drug development, is much faster today than even 20 years ago, thanks to computational modeling and virtual clinical trials and studies.

Potential Problems

Glorikian does not shy away from raising some of the potential problems associated with the wide use of AI in medicine, such as the threat to patient privacy and ethical questions about what machines should be allowed to do. Should genetic editing be allowed in humans for looks, intelligence or various types of talents? Should AI predictions of lifespan and dates of death be used? What types of decisions should machines be allowed to make in healthcare? And what sort of triage should be allowed in case of limited medical resources (if AI predicts one patient is for example ten times more likely to die than another despite medical intervention)? There are grave dangers if hackers access databanks or medical machines.

There are also potential operational problems with using data as a basis for AI, such as outdated information, biased data, missing data (and how it is handled), misanalyzed or differently analyzed data.

Despite all these issues, Glorikian is optimistic about the value of AI. He concludes, But despite the risk, for the most part, the benefits outweigh the potential downsidesThe data we willingly give up makes our lives better.

Armenian Connection

When asked at the end of June, 2022 how Armenia compares with the US and other parts of the world in the use of AI in healthcare, he made the distinction between the Armenian healthcare system and Armenian technology that is directed at the world healthcare system.

On the one hand, he said, I dont know of a lot that is being incorporated into the healthcare system, although we do have a national electronic medical record system that they have really been improving on a consistent basis. Having such a health record system throughout the country will provide data for the next step in use of AI, and that, he said is very exciting.

On the other hand, for technology companies involved in healthcare and biotechnology in Armenia, he said, I would always like to see more, but there are some really interesting companies that have sprouted up over the last five years. Also, with the tech giant NVDIA opening up a research center in Armenia, Glorikian said he hoped there will be interesting synergies since this company does invest in the healthcare area.Harry Glorikian, second from left, next to Acting Prime Minister Nikol Pashinyan, in a December 19, 2018 Yerevan meeting

At the end of 2018, Glorikian met with then Acting Prime Minister Nikol Pashinyan to discuss launching the Armenian Genome project to expand the scope of genetic studies in the field of healthcare. He said that this undertaking was halted for reasons beyond his understanding. He said, My lesson learned was you can move a lot faster and have significant impact by focusing on the private sector.

Indeed, this is what he does, as an individual investor, although he finds investing as a general partner of a fund more impactful. He is also a member of the Angel Investor Club of Armenia. While the group looks at a broad range of companies, mainly technology driven, he and a few other people in it take a look at those which are involved in healthcare. In fact, he is going to California at the very end of June to learn more about a robot companion for children called Moxie, prepared by Embodied, Inc., a company founded by veteran roboticist Paolo Pirjanian. Pirjanian, who was a guest on Glorikians podcast several weeks ago, lives in California, but Glorikian said that the back end of his companys work is done in Armenia.

Glorikian added that he is always finding out about or running into Armenians in the diaspora doing work with AI.

Changes

When asked what has changed since the publication of the book last year, he replied, Things are getting better! While hardware does not change overnight, he said that there have been incremental improvements to software during the period of time it took to write the book and then have it published. He said, For someone reading the book now, you are probably saying, I had no idea that this was even available. For someone like me, you already feel a little behind.

Readers of the book have already begun to contact Glorikian with anecdotes about what it led them to find out and do. He hopes the book will continue to reach more people. He said, The biggest thing I get out of it is when someone says I learned this and I did something about it. When individuals have access to more quantifiable data, not only can they manage their own health better, but they also provide their doctors with more data longitudinally that helps the doctor to be more effective. Glorikian said this should have a corollary effect of deflating healthcare costs in the long run.

One minor criticism of the book, at least of the paperback version that fell into the hands of this reviewer, is the poor quality of some of the images used. The text which is part of those illustrations is very hard to read. Otherwise, this is a very accessible read for an audience of varying backgrounds seeking basic information on the ongoing transformations in healthcare through AI.

Read the original post:
Glorikian's New Book Sheds Light on Artificial Intelligence Advances in the Healthcare Field - The Armenian Mirror-Spectator