Summary of article from Benesch, by Arielle Lester, Vince Nardone, Amanda Ray, Kathrin Zaki:
The expansion of AI applications in healthcare is revolutionizing the industry, enhancing clinical diagnostics, enabling personalized medicine, and addressing workforce shortages. By 2028, the Healthcare AI market is projected to reach $102.7 billion USD. Despite its futuristic perception, AI has historical roots dating back to the 1950s with self-learning programs. Current AI applications in healthcare include disease prediction, natural language processing for medical records, deep learning for x-ray analysis, and generative AI for administrative tasks. However, the integration of AI in healthcare comes with significant risks and is governed by a patchwork of federal and state regulations, emphasizing the need for ethical use, patient safety, and transparency.