AI in Life Sciences: Balancing Risk and Innovation

Talking AI

Does generative AI have a place in the highly regulated world of life sciences, and can it produce value without compromising patient safety?

In this episode of the Talking AI podcast, host Matt Paige sits down with Matt Lewis, Global Chief AI Officer at Inizio Medical, to explore the delicate balance between innovation and risk in healthcare AI.

Matt brings a wealth of experience from his role at Inizio Medical, a powerhouse in the life sciences industry that balances scientific knowledge with cutting-edge technology like AI to transform medical communication and content.

He shares invaluable insights on how AI is transforming pharmaceutical research, biotech advancements, and medical device development.

Matt reveals Inizio’s strategy for prioritizing AI use cases, explaining why there's no one-size-fits-all approach in such a complex field. He also discusses how AI can save time in creating patient summaries and why personalization and custom AI tools are needed to produce complex content.

Key moments:

• Generative AI's potential in life sciences and the associated risks
• How augmented intelligence can enhance decision-making and improve patient outcomes
• Matt’s dual role in improving internal operations and supporting clients in AI adoption
• How to identify and prioritize AI use cases unique to each organization
• Practical applications of AI and how they can save time and improve understanding
• The limitations of off-the-shelf AI tools like ChatGPT and the need for tailored solutions
• Why personalization in AI is important to provide tailored content

Key links:

• Inizio’s Website
• Connect with Matt on LinkedIn
• The Neuron
• OpenTools
• Superhuman
• One Useful Thing
• There’s An AI For That
• Regulated industries white paper Conor Grennan (Chief AI Architect, NYU) and Matt Lewis co-authored

Mentioned in this episode:

Gen AI Innovation Workshop

Generative AI is revolutionizing industries, staying ahead means not just understanding its capabilities but actively leveraging them. This episode dives into Hatchworks' cutting-edge Generative AI Innovation Workshop, designed to equip businesses with the knowledge and tools needed for success in this transformative landscape. Join us as we explore: 1. Introduction to Generative AI: An overview of how generative AI is reshaping industries and why it's critical for businesses to adapt. 2. Hatchworks' Innovation Workshop: A detailed look into our full-day immersive workshop focused on generative AI. Discover how we combine learning, hands-on ideation, and practical building activities to enhance your understanding and application of AI in your business. 3. Foundational Concepts: Insight into the key concepts of generative AI and how they apply to your specific domain, paving the way for innovative thinking and application. 4. Use Case Development: Learn how we guide participants through the process of identifying and developing real-world use cases tailored to their business and industry needs. 5. Custom GPT Creation: An exciting peek into how we build a custom GPT model based on defined use cases, offering a glimpse into the tailored solutions that can drive your business forward. Whether you're looking to deepen your understanding of generative AI or seeking actionable ways to implement AI strategies in your business, this episode is a must-listen. Dive in with us at the Hatchworks Innovation Workshop and start unlocking the full potential of generative AI for your business.