Medicine of the Future: The Power of Artificial Intelligence and Big Data in Healthcare

Julia Puaschunder (), Josef Mantl () and Bernd Plank ()
Additional contact information
Josef Mantl: Josef Mantl Communications, Vienna, Austria, European Union
Bernd Plank: Josef Mantl Communications, Vienna, Austria, European Union

RAIS Journal for Social Sciences, 2020, vol. 4, issue 1, 1-8

Abstract: Artificial Intelligence, Robotics and Big Data revolutionized the world. Digitalization opened unprecedented opportunities and potentials in healthcare. No other scientific field grants as much hope in the determination of life and death and fastest-pace innovation potential with economically highest profit margin prospects as does medical care. The currently ongoing digital disruption enabled big data-driven tailored personal medical care. Efficiency, precision and better quality work are beneficial advancements of AI and big data in the healthcare sector. Decentralized preventive healthcare and telemedicine open access to personalized, affordable healthcare. The currently ongoing COVID-19 crisis draws attention to international differences in healthcare. The article presents digitalization in the healthcare sector in North America and Europe in order to derive inferences on opportunities to establish a leadership in digitalized, tailored healthcare solutions for individual well-being and public care.

Keywords: Access to healthcare; Advancements; Apps; Artificial Intelligence; Coronavirus; Corruption-free maximization of excellence and precision; COVID-19; Big data; Decentralized grids; Economic growth; Europe; Healthcare; Innovation; Market disruption; Market entrance; North America; Pandemic; Robotics; Targeted aid; Telemedicine (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://journal.rais.education/index.php/raiss/article/view/83/62 (application/pdf)
http://journal.rais.education/index.php/raiss/article/view/83 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:smo:jornl1:v:4:y:2020:i:1:p:1-8

Access Statistics for this article

More articles in RAIS Journal for Social Sciences from Research Association for Interdisciplinary Studies
Bibliographic data for series maintained by Eduard David ().