The many ways AI is shaping the future of healthcare

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Poised to become a transformational force in the healthcare industry, artificial intelligence is shaping the future of medicine. Scientists, doctors, mathematicians, clinicians, and engineers are working together to compile data and develop machine-learning research.

The mortality rate has been reduced as AI assists and improves healthcare practices. This is the outcome of the processes of disease prevention, accurate and effective treatments, and lessons from previous knowledge. Integral to these steps is the evaluation of outcomes and processing of data. Through the introduction of systems clinicians can access by means of AI, urgent medical cases can be prioritized. Playing a bigger role in medical care, AI can also assist in recommending individualized treatments.

Fast and precise diagnoses are available, as systems are ready to mete medical advice to patients, whether in a medical facility or at home. Artificial intelligence can take over some of the diagnostic duties usually assigned to humans to mitigate the grave deficit of qualified clinical staff, especially in developing nations.

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More and more smart medical devices and machines are being fabricated, as these are crucial for monitoring patients in the ICU and remotely. AI enhances the ability of a device to identify deterioration and the onset of sepsis and locate complications.

Immunotherapy for cancer treatment has been a significant beneficiary of AI methods. It is the most promising method for treating cancer. Patients may be able to beat stubborn tumors by using their body’s own immune system to assault malignancies. However, more patient data is needed to confirm the effectiveness of the relatively new treatment method.

Alex J. Ness is the Executive Chairman and Co-founder of Welwaze Medical, Inc., a health tech company that develops external sensors which allow users to monitor their health. Artificial intelligence is at the core of the company’s development. For more updates on artificial intelligence, visit this blog.

Signs of a bad investment

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 There is no such thing as a “sure gain” in the world of investments. Any investment can always go south, even if it looks promising in the beginning. While this might be the case, there are telling signs an investment is showing its true colors.

Quick decisions are required. If an investment forces you to make a quick decision as an investor because it is only a “limited time offer,” then you shouldn’t put your money on it. You should have full control when you invest, and researching about an investment takes a lot of time and effort. To keep it short: don’t invest on something that sounds shady and desperate.

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Falling behind on industry trends. If you’re looking at a company in which to invest, make sure that they are doing the necessary measures to stay relevant. You don’t want to bet on a company that lags behind.

If it is “hot” at the moment. It might sound appealing, but once a stock is described as “hot” or in trend, you might already be too late for it. In fact, once it has been tagged as such, it is probably on the verge of bursting.

Get-rich characteristic. If an investment uses greed as a selling point, then do your best to stay away from it. Investment scams are known to boast quick and hefty potential gains, usually promising double returns in as short as three months.

With a degree in Business Administration and an MBA in International Business Management, Alex J. Ness is skilled in wealth management, investment, and private banking. For more articles about investment and finance, visit this page.