“Artificial intelligence [AI] is posed to change the field of healthcare by hundreds of billions of dollars.” This was the message from Radhika Dirks, CEO and co-founder of XLabs , which focuses on building moonshot companies for the future of artificial intelligence, quantum computing, and neurotech, as she kicked off the 2023 Healthcare Design Conference + Expo in New Orleans in early November. Named a “Forbes Women in AI,” Dirks brought her expertise to the HCD Conference stage to help attendees explore the technology’s role and potential in the industry. Setting the stage for the discussion, Dirks noted that it takes approximately $1 billion and nine years to bring a drug to market. Furthermore, 250,000 deaths in the U.S. every year can be attributable to medical errors—a statistic, that, if it was a disease, would be the third largest leading cause of death. “This number is predictably avoidable and fixable,” and one of the top use cases for AI, she said, noting that statisti...
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