Workweek May 27, 2023
Generative artificial intelligence platforms like ChatGPT have fully infiltrated healthcare markets since OpenAI’s launch of ChatGPT back in November. One of the greatest use cases of generative AI is optimizing clinical and non-clinical workflows, saving physicians and providers hours of routine, mundane tasks each day.
Generative AI in healthcare is just heating up and is predicted to grow at a compound annual growth rate of 85% through 2027, reaching a total market size of $22 billion—the fastest growth compared to all other industries using generative AI.
In this article, I’ll provide background on generative AI (e.g., ChatGPT), recap what we’ve seen in the generative AI healthcare space since ChatGPT’s launch, and dive into my views and predictions.