• 407 days Will The ECB Continue To Hike Rates?
  • 408 days Forbes: Aramco Remains Largest Company In The Middle East
  • 409 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 809 days Could Crypto Overtake Traditional Investment?
  • 814 days Americans Still Quitting Jobs At Record Pace
  • 816 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 819 days Is The Dollar Too Strong?
  • 819 days Big Tech Disappoints Investors on Earnings Calls
  • 820 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 822 days China Is Quietly Trying To Distance Itself From Russia
  • 822 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 826 days Crypto Investors Won Big In 2021
  • 826 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 827 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 829 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 830 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 833 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 834 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 834 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 836 days Are NFTs About To Take Over Gaming?
Business Opportunities In the New Metaverse

Business Opportunities In the New Metaverse

What exactly is the metaverse?

China’s Road To Tech Independence

China’s Road To Tech Independence

President Xi Jinping has declared…

Michael Scott

Michael Scott

Writer, Safehaven.com

Michael Scott majored in International Business at San Francisco State University and University of Economics, Prague. He is now working as a news editor for…

Contact Author

  1. Home
  2. Tech
  3. Tech News

Can Artificial Intelligence Compete With Real Doctors?

Robot

In the race for world dominance in advanced technology, Chinese artificial intelligence is also taking on its own doctors, with a new system claiming to diagnose brain tumors faster and more accurately than human physicians.

BioMind, developed by Beijing’s Tiantan Hospital and its AI research center for neurological disorders, has told Chinese media that the new system has correctly diagnosed 87 percent of 225 cases in only 15 minutes. That compares to only a 66-percent accuracy rate for the same by a team of 15 senior physicians.

Further, BioMind, according to China’s Xinhua news agency, was able to predict brain hematoma expansions better than human doctors, registering an 83-percent rate of accuracy against a 63-perent rate of accuracy for the cream of the crop of Beijing’s senior physicians.

Feeding the system with thousands of images and patient diagnoses from over a decade, BioMind was able to extrapolate and deliver on complicated neurological diseases.

The brains behind BioMind are hoping that it will remove any lingering doubts doctors may have about AI. They also seem to think it won’t replace physicians; rather, it will simply reduce their workloads, describing BioMind as a sort of GPS driven by humans. 

But the bigger picture here is China’s increasing advantage in artificial intelligence, particularly when it comes to medicine. China’s rural hospitals would benefit the most because they are at a serious disadvantage, while city hospitals are over-crowded.

With reportedly just over two doctors for every 1,000 people and a rapidly aging population, China needs AI urgently. Related: 10 Countries Feeling The Heat As The Trade War Escalates

And for China, this is by no means a first foray into AI for healthcare. One hospital in Guangzhou province uses AI is nearly everything, from pre-diagnosis and CT scans to patient records and a slew of other administrative tasks. 

AI is also a key part of the Made in China 2025 plan, which foresees China becoming a global leader in tech. So, this breakthrough in AI for medicine should rankle in Washington, if only because it demonstrates just how far Beijing has gone in this race. First its medicine, but then what?

And the BioMind competition between AI and humans was meant for high-end public consumption, too. The message is that China is an AI forced with which to be reckoned, and the competition was televised with a great deal of blitz and bling.

In 2016, the total global AI in healthcare market was valued at around $1.4 billion. By 2023, it is forecast to hit over $22.7 billion, according to Allied Market Research, which puts CAGR for this sub-sector at 48.7 percent from 2017 to 2023.

And while China is racing to the finish line here, it’s worth noting that North America was the biggest contributor to AI in healthcare in 2016. But that’s a title that may not have much longevity because Allied forecasts that Asia-Pacific will see the highest growth rate in this market from now until 2023.

Other areas of AI in healthcare are also coming to the forefront quickly, including 3D printing for everything from organs to medicine, and diagnostics outside the realm of neurology.

By Michael Scott for Safehaven.com

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment