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Four Ways In Which AI Will Revolutionize Healthcare

Artificial intelligence is poised to revolutionize the healthcare industry as we know it today. The team at IA worked with 30 Municipalities across the country on Covid-19 Contact Tracing. We tracked over 14,750 Hotspots continuously, across 23 states in India. We have spoken about how Contact Tracing will continue to be helpful just as in the past. Through our meta mobility data analysis, we helped mitigate the virus by alerting the authorities that even though containment zones were created, people were still visiting the other zones for daily work like buying groceries or using a public space like toilets, as all zones did not have the said facilities. We have also previously spoken about how AI could be used in Covid vaccine distribution. But with a string of ongoing innovations with interesting outcomes, the lives of patients, doctors, as well as medical staff will improve for the better. Wearable tech is already in vogue. FitBits are common and smartwatches too can analyze health data and alert patients as well as doctors about possible health issues. We feel AI will play an integral part to revolutionize Healthcare

Acceleration of administrative tasks to AI

Insider Intelligence, suggests 30% of healthcare costs go towards administrative tasks. These can be significantly brought down with the help of AI. Most of the administrative tasks like providing better front-desk experience, resolving any confusion regarding paperwork, follow-up of unpaid bills, and maintenance of records, etc. can definitely be automated. This will ensure time-saving, cost-cutting, and healthcare professionals can focus on more important tasks at hand.

Lab work, image analysis, and diagnosis

AI is already being used to predict and diagnose diseases at a faster rate than healthcare professionals across the world. You would have heard of the Israel based AI enabled assistant aids radiologists by analyzing imaging scans around clinical findings it has already studied. It then passes on such information to its colleagues, the radiologists who can study this information before making the diagnosis. Another example is that of PathAI that is working with drug developers, Bristol-Myers Squibb as well as Bill & Melinda Gates Foundation to expand the scope of its AI across healthcare industries. They are working on ML which will help pathologists in even more accurate diagnosis. When implemented, this can decrease chances of human error, misdiagnosis, especially in diseases such as cancer. It can even help in charting a customized medical treatment path for every patient when the system is fed with their medical details.

Health Chatbots

Patients complaining about poor customer care services is almost a thing of the past with health chatbots working towards better patient interaction, emergency help, medication management and updates, along with a number of other situations where the workload of healthcare professionals can be eased. Northwell Health, New York’s largest healthcare provider, has launched a chatbot to decrease the incidences of no-shows of patients due for colonoscopy which is fundamental in the diagnosis of colorectal cancer. This chatbot motivates and encourages patients by resolving any misunderstandings about the procedure. It is only a matter of time when this would be adopted the world over.

Robotic Surgery

We are data storytellers. These are just a few instances making a case for increased use of AI tools in diagnosis and treatment of diseases along with aiding healthcare professionals. The sphere of work ranges from administrative services to performing surgeries. The future is as big as human imagination. Our insights will give you not only a windshield-view unlike rear-view like most other solutions but we also believe that clients should spend as necessary and not as much they can afford. Write to us at contactus@infinteanalytics.com to know how we can help grow your business.

Video editing and film-making

If you have ever been in the business of video editing, especially when a famous celebrity was involved, and no matter how much you try to salvage the video, you cannot; deepfakes will help with that clip and your video will be made uninterrupted. Earlier, movie directors would spend millions on creating the perfect location for their movies. This is now achievable with a far lesser sum using deepfake and AI. Deepfakes can be real game-changers in film-making. Imagine new movies starring Charlie Chaplin opening to full houses. This, ofcourse, after all the copyright issues are taken into consideration..

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wasim basir

marketing, board member

It’s most obvious in the digital media space, from click buys to personalized web experiences. For marketing, the AI journey has just kick-started, while in the tech sector it has been applied for a while now. We are still at an early stage where inroads are being made into AI content via chatbots and even some explanatory content creation but what will make anyone jump up and embrace it is when we will start seeing a lot of mainstream content being created by AI.

rich arnold

board member

Prior to joining Infinite Analytics, Richard served as the CFO of CrowdFlower, COO and CFO of Phoenix Technologies, as a member of the board of directors and chairman of the Audit Committee at Intellisync, and previously as CFO and executive vice president strategy and corporate development at Charles Schwab.

pravin gandhi

board member

Pravin Gandhi has over 50 years of entrepreneurial operational and investing experience in the IT industry in India. He was a founding partner of the first early stage fund India - INFINITY. Subsequently a founding partner in Seedfund I & II. With over 18 years of investing experience, he is extensively well networked in investment and entrepreneurial scene and is an active early stage angel investor in tech & impact space. Pravin holds a BS in Industrial Engineering from Cornell University, and serves on the board of several private corporations in India. He is on the board of SINE, IIT Mumbai Incubator.

Purushotham Botla

co-founder & cto

Puru has his Masters in Engineering and Management from MIT. Prior to MIT, he worked with Fidelity Investments building electronic trading products and high volume market data processing applications. He has completed his BE from VJTI, Mumbai.

deb-roy

Deb Roy

Executive Director, MIT Media Lab

Deb Roy is Professor of Media Arts and Sciences at MIT where he directs the MIT Center for Constructive Communication, and a Visiting Professor at Harvard Law School. He leads research in applied machine learning and human-machine interaction with applications in designing systems for learning and constructive dialogue, and for mapping and analyzing large scale media ecosystems. Deb is also co-founder and Chair of Cortico, a nonprofit social technology company that develops and operates the Local Voices Network to surface underheard voices and bridge divides.

Roy served as Executive Director of the MIT Media Lab from 2019-2021. He was co-founder and CEO of Bluefin Labs, a media analytics company that analyzed the interactions between television and social media at scale. Bluefin was acquired by Twitter in 2013, Twitter’s largest acquisition of the time. From 2013-2017 Roy served as Twitter’s Chief Media Scientist.

Erik Brynjolfsson

Board Member

Erik Brynjolfsson is the Jerry Yang and Akiko Yamazaki Professor and Senior Fellow at the Stanford Institute for Human-Centered AI (HAI), and Director of the Stanford Digital Economy Lab. He also is the Ralph Landau Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR), Professor by Courtesy at the Stanford Graduate School of Business and Stanford Department of Economics, and a Research Associate at the National Bureau of Economic Research (NBER).

Akash Bhatia

Co-Founder and CEO

Akash co-founded IA while studying for his MBA from MIT. Prior to MIT Sloan, he co-founded Zoonga. Before this, Akash was an engineer with Oracle in Silicon Valley. He has completed his M.S from University of Cincinnati and B.E from the College of Engineering, Pune.