Paging Dr. Robot: The Coming AI Health Care Boom

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More than six billion dollars: That’s how much health care providers and consumers will be spending every year on artificial intelligence tools by 2021—a tenfold increase from today—according to a new report from research firm Frost & Sullivan. (Specifically, it will be a growth from $633.8 million in 2014 to $6,662.2 million in 2021.)

AI will be everywhere—from diagnosing cancer to providing weight-loss coaching, says Venkat Rajan, who has the great title of global director for the company’s Visionary Healthcare Program. ‘Prior to 2015, most of what was happening was sort of academic: pilot programs, exploratory, proof of concept-type stuff,’ he says. ‘And now you’re actually seeing commercial usage.’

AI’s ability to sort through scads of information, and remember everything it has ever seen, could enable a digital (and congenial) version of Dr. House, the brilliant diagnostician from the eponymous TV show, says Rajan. ‘At first, it’s a complete mystery, it could be one of ten different things,’ he says, about the process in the show, and real life, called differential diagnosis. ‘And then he’s able to sort through various issues, you know, illuminate certain factors on why it’s not one of these other conditions, and he’s able to pull something from memory that figures out ultimately what it is, and they can provide the appropriate treatment.’

Read the source article at Fast Company