Nearly one-third of U.S. states achieved "innovation champion" status in the Consumer Technology Association's 2020 U.S. Innovation Scorecard, with the majority located far from the coastal areas typically classified as the nation's technology hubs.
Innovation
A proposal released by the White House regarding federal regulation of artificial intelligence suggests taking a more lenient stance toward technological oversight.
Rochester, Minn.-based Mayo Clinic's innovation commercialization arm participated in a $60 million funding round for Nference, an artificial intelligence software startup, according to a Jan. 8 news release.
GNS Healthcare, a startup developing artificial intelligence-powered precision medicine technology, announced on Jan. 7 an extension of its Series D funding round following an investment from the Merck Global Health Innovation Fund.
A new facility backed by the University of Southern California's Lawrence J. Ellison Institute for Transformative Medicine will use technologies developed in collaboration with AT&T to improve the experience and outcomes of cancer patients.
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Over the course of the next 10 years, artificial intelligence will advance in the field of healthcare to improve quality, outcomes and experience, according to an op-ed published by the World Economic Forum ahead of the organization's Annual Meeting.
When it comes to successfully adopting and integrating technology, the healthcare industry has traditionally lagged behind all others, according to B.J. Moore, CIO at Renton, Wash.-based Providence.
While artificial intelligence and deep learning medical algorithms have transformed healthcare over the years, the 2020s will see a growing emphasis on the use of the technology to improve the physician and patient experiences, according to Eric Topol, MD.
The artificial intelligence used by Google's DeepMind more accurately diagnosed breast cancer in women compared to six U.S. physicians, leading to fewer false positives and false negatives, according to CNBC.
In the vast majority of cases, innovation is best undergone as a "team sport," but on rare occasions, a lone inventor can achieve superior outcomes working alone, according to the Harvard Business Review.