AI Revolutionizes Healthcare and Energy Industries with New Technologies

AI Revolutionizes Healthcare and Energy Industries

The healthcare and energy industries are experiencing a significant transformation with the adoption of artificial intelligence (AI). Baylor Scott & White in Brenham is using AI to streamline patient visits, reducing burnout among providers and increasing access for patients. The AI tool, Ambient Listening, records medical notes during conversations between doctors and patients, uploading the information directly to the patient's medical record.

In the energy sector, AI is speeding up oil and gas drilling, making it faster and cheaper. Companies like BP, Devon Energy, and Chevron are using AI to predict potential problems in wells, drill more wells per year, and improve capital allocation. AI is also being used to remotely monitor potential problems like emissions leaks and alert field workers.

AI Adoption in Healthcare and Energy

The adoption of AI in healthcare and energy is not without its challenges. Healthcare executives noted that AI will change jobs, not eliminate them, and that adaptability is key. They emphasized that there will be new tasks, roles, and opportunities available. In the energy sector, companies are facing mounting pressure to identify and combat increasingly sophisticated financial crime schemes while managing regulatory scrutiny.

AI and Job Displacement

The impact of AI on jobs is a concern for many. Operation HOPE CEO John Hope Bryant warned that AI will eliminate jobs, particularly for those "at the bottom of the pyramid." He urged governments to invest more resources into upskilling society on AI, which he predicts will ultimately help boost GDP and economies in the long run.

AI and Security

The security of AI systems is a growing concern. Tim Berners-Lee, the inventor of the World Wide Web, warned that AI developers have a responsibility to ensure artificial intelligence tools work for users, not just the companies that made them. He compared the current environment around artificial intelligence with the dawn of the World Wide Web in the early '90s, where companies came together to craft the infrastructure of the open internet.

AI in Sales and Marketing

AI is also being used in sales and marketing to streamline prospecting, lead nurturing, and deal closures. Clodura.AI is a startup that uses AI to automate 90% of prospecting activities, allowing businesses to focus on strategy rather than manual data collection. The platform claims to have a database of 600 million contacts across 18 million companies, including 120 million direct dial numbers and 50 million mapped company structures.

Key Takeaways

AI is revolutionizing the healthcare and energy industries, streamlining patient visits and speeding up oil and gas drilling.
The adoption of AI in healthcare and energy is not without its challenges, including job displacement and security concerns.
AI is being used in sales and marketing to automate prospecting, lead nurturing, and deal closures.
The security of AI systems is a growing concern, with developers having a responsibility to ensure AI tools work for users, not just the companies that made them.
The use of AI in sales and marketing is expected to continue growing, with the global AI for Sales & Marketing market projected to reach $55.2 billion by 2025 at a CAGR of 34.1% through 2034.

AI Revolutionizes Healthcare and Energy Industries with New Technologies