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US-based Palantir is favored to win a $595 million NHS contract, but activists and doctors worry about its controversial ties to cofounder Peter Thiel, the military, and US border control.
Burning Rock Biotech Limited (NASDAQ:BNR) Q2 2023 Earnings Call Transcript August 31, 2023 Operator: Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Burning Rock’s 2023 Second Quarter Earnings Conference Call. [Operator Instructions] Please note that today’s conference is being recorded. Before we begin, I’d like to remind you that this conference […]
Protecting against misuse without forfeiting the potential benefits is key
The global market for artificial intelligence (AI) for healthcare is booming. Currently valued at $15bn (£12bn; €14bn), it is expected to near $200bn by 2030.12 Public sector spending on AI for healthcare is also on the rise. The UK government, for example, has already invested more than £123m in AI for healthcare technologies.3 Of course, previous AI “summers” were followed swiftly by AI “winters,” when the gap between expectations and the reality of AI grew too wide. This summer’s heat and longevity can largely be attributed to the advent of generative AI.
Generative AI is a type of machine learning capable of generating data in a range of formats (including text, image, audio, video, or code) and adapting to new tasks in real time, following simple text based prompts. These capabilities make generative AI flexible, as one “model” (for example, ChatGPT or DALL-E) can be used for a variety o