The Transformative Power of AI in Healthcare

Abstract

Recent advancements in Artificial Intelligence (AI) have created considerable prospects for disruptive changes in various fields, including healthcare. As one of the largest contributors to government expenditures, the healthcare sector stands to benefit greatly from AI-driven business models that can enhance its efficiency in both quantity and quality. These benefits include improving decision-making capabilities, optimizing patient outcomes, and redefining medical roles. This paper explores the anticipated transition brought about by AI in healthcare, examines the challenges associated with this shift, and proposes strategies to overcome them.