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What happens when AI comes to healthcare | CEPR

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While artificial intelligence technologies are entering the mainstream, adoption in healthcare has lagged. This column explores potential cost savings of AI use in healthcare and reasons for the slow adoption. Widespread AI adoption in the next five years using currently available technology could result in savings of 5–10% of healthcare spending, or $200 to $360 billion annually. The dispersion of healthcare data and privacy concerns present some barriers to adoption, but if surmounted, AI could improve labour productivity, flatten healthcare spending, and improve the quality of care.

VoxEU Column Health Economics Productivity and Innovation What happens when AI comes to healthcare Nikhil Sahni George Stein Rodney Zemmel David Cutler / 11 May 2023 While artificial intelligence technologies are entering the mainstream, adoption in healthcare has lagged. This column explores potential cost savings of AI use in healthcare and reasons for the slow adoption. Widespread AI adoption in the next five years using currently available technology could result in savings of 5–10% of healthcare spending, or $200 to $360 billion annually. The dispersion of healthcare data and privacy conc

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