What is fascinating is that as health care players have begun to transfer their data cloud storage, and a major part of their suite of services includes AI platforms that charge based on graphics processing unit (GPU) compute that is run when AI models process data. YouTube and others have established a similar model. If the audience deems that it's a quality song, then compensation flows back to the creator of the content.
How Companies Could Democratize AI In Health CareĪrtists who submit content to Spotify or iTunes are inherently compensated based on the number of times users listen to their music (and based on other factors such as location, type of subscription, etc.). However, there seems to be a model emerging that could advance domain-driven AI though these platforms into practice based on performance and, perhaps, paid by usage.
The key missing factor has been a business model in the payer-and-provider community that enables the “best” (aka: most validated, most clinically proven, most workflow-integrated) models to drive an economic value both to the care paradigm and to the cost centers of health care data storage and analytical processing.Ĭloud Vendors Are Beginning To Create A Model For Performance-Based AI In Health CareĪs the cloud storage wars have entered health care, a question has emerged: Beyond security and the improved economics of cloud storage versus physical storage, what will drive revenue for cloud vendors? Furthermore, how will horizontal cloud vendors prove the validity of AI offerings to impact the business needs of providers and payers such as improved quality, decreased workload and better outcomes? From IBM Watson to Microsoft, a Symphony AI partner, as well as Amazon and Google, the question of how AI practically affects care is critical for most health care players. Beyond buzzwords and a plethora of venture capital investments, AI and other mathematical techniques are beginning to emerge in a second wave of domain-specific systems of intelligence. Artificial intelligence (AI) in health care has become the subject of both great promise and great hyperbole.
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