Generative AI: is there a lot of hype about it? Why ? How to approach it?


health strategy journal

management, engineering and
technology review


Joaquim Cardoso MSc.


Chief Research and Strategy Officer (CRSO); 
Chief Editor and Senior Advisor


July 30, 2023


What is the message?


The hype surrounding generative AI is driven by various vested interests, including financial motives, and consumers should approach media content on the topic with critical thinking. 


While generative AI has potential benefits, its actual uses may be overhyped. 


The key to leveraging generative AI effectively lies in taking a cautious and gradual approach, particularly in domains like healthcare, to ensure successful implementation without rushing into complex applications.


Key takeaways


Generative AI has garnered significant hype due to vested financial interests and the appeal of its tangible benefits for consumers.


  • Media content on generative AI should be approached with caution, as it often serves undisclosed motives and may lack accuracy.

Consumers should critically analyze information, seek impartial sources, and read multiple opinions to avoid echo chambers.


  • Blindly sharing content can inadvertently support the interests of those invested in generative AI.

Providence, a healthcare provider, is cautiously implementing generative AI in areas like physician email management, clinical documentation, and patient education.


  • A gradual and well-prepared approach is crucial to leverage generative AI effectively in healthcare, avoiding potential pitfalls.




DEEP DIVE






verdict

The hype surrounding generative AI has been fueled by various vested interests, including companies backing and developing the technology, and the fear of missing out on potential opportunities. Unlike the previous hyped technology, the metaverse, generative AI has gained significant attention due to its tangible and immediately accessible benefits for consumers in various domains, making it a subject of immense interest.


The financial interests in generative AI are evident, with major investments from tech giants and venture capitalists pouring billions into the technology. Media content on generative AI must be approached with caution, as it often serves undisclosed motives and aims to maintain momentum regardless of the authenticity and accuracy of the information.


Amidst the hype, it is essential for consumers to critically analyze and evaluate information from impartial sources and peer-reviewed content to form well-rounded opinions. Blindly sharing content without proper understanding can inadvertently contribute to the interests of those invested in the technology.


Despite the hype, B.J. Moore, CIO of Providence, believes that the actual uses of generative AI in healthcare are overhyped. Providence has implemented generative AI in various aspects of their operations, including physician email management, clinical documentation, and patient education. However, Mr.

Moore, in a recente interview fo “Beckers Healthcare IT News” emphasizes the need to take a cautious and gradual approach to leverage generative AI as a “co-pilot” for healthcare professionals, avoiding the pitfalls of rushing into complex applications without proper preparation. By taking small steps and ensuring the technology is used effectively, generative AI can truly reach its potential in the healthcare industry.

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