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Everyone in the business world wants to get artificial intelligence (AI) to work for them. The idea that a computer program can basically predict the future is enticing and exciting. What if you knew before running a clinical trial how a drug would affect a participant? What if you knew before implementing a change in your manufacturing line how much time it would save? What if you knew that a change in a product component would double sales?
Those questions are all answerable. When we talk about AI and machine learning (ML), we’re no longer talking about the theoretical scenarios science fiction is made of. We’re talking about what’s possible, and happening, right now. That’s an amazing thought, but what’s even more amazing is how few life sciences companies are taking advantage of these technologies. Many want to use AI/ML applications, but few have the means to do so. The process is a long one, so the best approach is to just take one step at a time.
Read the full article here: The 5 Steps Toward Machine Learning