The Rise of GenAI and LLMs

In 1950, Alan Turing suggested a test to determine if computers could mimic human intelligence well enough that an impartial observer could no longer tell the difference. We are still talking about the Turing Test almost 75 years after its inception.

AI in Healthcare: Applications and Market Overview

The US Centers for Medicare & Medicaid Services reports that in 2021, healthcare spending accounted for 18.3 percent of the nation's gross domestic product (GDP), reaching $4.3 trillion or $12,914 per person. Arcadia Solutions reveals that, even more impressively, approximately 30 percent of the world's data volume is generated by the healthcare industry, a figure that should reach 36 percent by 2025. Alarmingly, Arcadia found that less than 60 percent of healthcare organizations' data is being used to make intelligent business decisions. With healthcare as both a huge economic market and a huge data generator, the application of artificial intelligence to healthcare administration and practice is both essential and inevitable. To remain productive and competitive, leaders in the healthcare sector must proceed - with appropriate care and caution - to incorporate artificial intelligence and machine learning into their operations.