Artificial Intelligence's Role in the Pharmaceutical Industry
Pharmaceutical executives are exploring ways to use artificial intelligence and machine learning in the healthcare and biotech industries. According to reports, an increasing number of entities are realising current use cases, which is driving the digital future of technology in the industry. The goal of this type of AI technology is to discover hidden patterns and draw conclusions from massive amounts of data in ways that no human could. Artificial Intelligence Types The majority of artificial intelligence solutions used in healthcare today are based on data science algorithms created by humans. This type of AI employs multivariate data analytics backed up by prior experience. It could, for example, combine population-based treatment outcomes with clinical data and medical history from individual patients to create treatment alternatives and recommend drug combinations. Machine learning is another level of AI that uses so-called neural networks to mimic the way the human brai...