Artificial Intelligence’s Profound Effect on Orthopedics

Courtesy of Accenture Artificial Intelligence’s Profound Effect on Orthopedics Robin Young • Tue, July 11th, 2017 Print this article Global management consulting firm, Accenture issued a new report, Artificial Intelligence: Healthcare’s New Nervous System, which declares that Artificial Intelligence (AI) will become the new operating system for healthcare. And we thought evidence-based medicine was the operating system. Or, absent that, then the cost accounting package that your CEO just paid a million dollars for. Silly us. Follow the Money, if You Dare One recent blog said that competition for experienced AI software engineers is so intense that starting salaries are $1 million a year. In 2014 buyers paid $600 million for AI start-ups. By 2021, say the market analysts at Accenture, that number will rise to $6.6 billion. For start-ups! AI’s Near Term Impact Johnson & Johnson, Medtronic, Stryker and other integrated orthopedic suppliers have concluded that AI can be an effective tool to reduce cost, improve quality and expand access—in other words, nail the “Triple Aim.” The goal is to free up orthopedic doctors, nurses, techs and even the hospital admins to work at their highest and best use. Let AI, in other words, shoulder the routine administrative and…

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