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In the News

A majority of Americans are optimistic that AI will improve healthcare in 2024

November 15, 2023

Survey reveals 51% US adults anticipate AI-led healthcare advancements, expecting early diagnosis capabilities and improved access. Despite optimism, perceived barriers like potential AI errors and lack of understanding are concerns. However, 62% have favorable opinions on AI-driven symptom trackers and health apps. Medtronic pioneers AI-based technology for insights-driven care.

A majority of Americans are optimistic that AI will improve healthcare in 2024 Medtronic

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Amazon Prime for Healthcare. Is this a #disruptiveinnovation? Not likely.

November 15, 2023

Amazon Prime offers One Medical services at $9/month or $99/year, providing unlimited virtual visits and same-/next-day appointments. The goal is to make healthcare affordable and accessible for Prime members. The initiatives aren't considered anti-incumbent as they don't target non-consumers or over-serve existing offerings. Questions surrounding the sustainability of One Medical's model and technology deployment remain. The offered services aren't cheaper and may not be better than existing ones. The strategy's success will depend on how it meets customers' needs better than current services.

Ann-Somers Hogg’s Post LinkedIn

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How Can AI Help Reduce the Costs of Healthcare? - Unite.AI

November 15, 2023

AI adoption might save 5-10% of US healthcare spending, streamlining medical visits and lowering administrative costs by automating tasks like summarizing patient history and scheduling. AI can assist in accurate diagnoses and treatments by processing large data volumes and detecting hidden pathologies. Its use in dictation, medical writing, symptom checking, and global health monitoring also contributes to reduced costs and improved patient outcomes. Future advancements could create even greater savings.

How Can AI Help Reduce the Costs of Healthcare? - Unite.AI Unite.AI

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Amazon is working on its own ChatGPT competitor. Meet project Olympus

November 15, 2023

Amazon is reportedly investing in developing a large language model (LLM), codenamed 'Olympus', potentially as a competitor to OpenAI's ChatGPT. The model is speculated to power features in Amazon's online store, Alexa devices, and AWS, and may be offered to corporate customers. Likely to be announced at AWS re:Invent 2023, the new LLM will supersede Titan, AWS’s current LLM offering. Olympus is anticipated to have two trillion parameters, doubling the capacity of OpenAI's GPT-4.

Amazon is working on its own ChatGPT competitor. Meet project Olympus ZDNet

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Insights by Kate Gamble
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