TL;DR:

• About 80% of Asian gastroenterologists trust AI for diagnosing colorectal polyps.
• Younger doctors with less than a decade of experience perceive more risks in using AI.
• AI is increasingly being used in gastroenterology for image-based diagnosis and intervention.

Imagine walking into a hospital where AI assists doctors in diagnosing and treating diseases. This is no longer a distant dream; it’s happening right now, especially in the field of gastroenterology. A recent survey led by Nanyang Technological University Singapore unveiled fascinating insights into how Asian medical professionals perceive AI in healthcare. Let’s dive in!

Trust and Acceptance of AI in Gastroenterology

The survey, published in the Journal of Medical Internet Research AI, questioned 165 gastroenterologists and gastrointestinal surgeons from Singapore, China, Hong Kong, and Taiwan. The results were overwhelmingly positive:

• Detection and Assessment: Around 80% of respondents trust AI for diagnosing and assessing colorectal polyps.
• Intervention: About 70% accept and trust AI-assisted tools for removing polyps.
• Characterisation: Around 80% trust AI for characterising polyps.

These findings show a high level of confidence in AI among these specialists. However, there’s a twist when it comes to experience.

Experience Matters: Senior vs. Younger Doctors

The survey found that gastroenterologists with less than a decade of clinical experience saw more risks in using AI than their senior counterparts. Professor Joseph Sung from NTU explained:

“Having more clinical experience in managing colorectal polyps among senior gastroenterologists may have given these clinicians greater confidence in their medical expertise and practice, thus generating more confidence in exercising clinical discretion when new technologies are introduced.”

In contrast, younger doctors might find AI risky due to their lack of confidence in using it for invasive procedures like polyp removal.

AI in Gastroenterology: The Larger Trend

The focus on gastroenterology is due to its heavy reliance on image-based diagnosis and surgical or endoscopic intervention. AI is increasingly being used to aid these processes.

• AI-Powered Tools: Companies like AI Medical Service (AIM) and NEC in Japan, and startups like Wision AI in China, are developing diagnostic endoscopy AI.
• University Initiatives: Asian universities and hospitals, such as the Chinese University of Hong Kong and the National University Hospital in Singapore, are building AI-driven endoscopic systems.

These tools and systems assist in detecting, diagnosing, and removing cancerous gastrointestinal lesions.

The Future of AI in Asian Healthcare

Given the high acceptance rates among specialists, AI is set to play a significant role in the future of Asian healthcare. However, the concerns of younger doctors must be addressed. This could involve more training or creating user-friendly AI tools.

Prompt: Imagine you’re a young gastroenterologist. What features would you like to see in AI tools to increase your confidence in using them?

The Role of Education and Training

To bridge the confidence gap, education and training will be key. Medical schools could incorporate AI training into their curriculums. Meanwhile, tech companies could offer workshops and seminars to familiarise young doctors with AI tools.

AI Beyond Gastroenterology

While this survey focused on gastroenterology, AI’s potential extends to other medical fields. Its ability to analyse vast amounts of data and provide accurate diagnoses makes it a valuable tool across various specialisations.

Comment and Share:

What AI tools do you think would be most beneficial in healthcare? How can we boost young doctors’ confidence in using AI? Share your thoughts below and subscribe for updates on AI and AGI developments.

You may also like:

• AI Revolutionising Healthcare in Vietnam

• Revolutionising Healthcare: AI Detects Diseases with 98% Accuracy via Tongue Scans

• The Future of Science: Can AI Automate Research?

• To learn more about AI and gastroenterology, tap here.

TL;DR:

• 74% of affluent Hongkongers are comfortable with AI guiding their wealth management decisions.
• 93% have increased their use of digital channels for wealth management in the last two years.
• 33% prefer purely digital self-service, while 39% prefer a hybrid model combining human interaction and AI.

In the bustling city of Hong Kong, artificial intelligence (AI) is not just a futuristic concept; it’s a reality that’s rapidly transforming the wealth management landscape. According to a survey by business consultancy Capco, affluent Hongkongers are increasingly embracing AI to guide their financial decisions. Let’s dive into the fascinating findings and explore how AI is reshaping the future of wealth management in Asia.

Comfort Levels with AI

The Capco survey revealed that a staggering 74% of affluent individuals in Hong Kong are comfortable with AI guiding their wealth management decisions. This includes 25% who claim to be “extremely comfortable” with the idea. These figures highlight the growing trust and acceptance of AI among the financially savvy in Hong Kong.

Increased Use of Digital Channels

The shift towards digital wealth management is clear. 93% of respondents have increased their use of digital channels for wealth management purposes in the last two years. Among these, 47% cited a “significantly” increased usage. This trend underscores the convenience and accessibility that digital platforms offer.

Preferred Models of Wealth Management

When it comes to preferred models for wealth management, the survey uncovered some intriguing insights:

• 33% of respondents prefer purely digital self-service.
• 27% prefer solely human interaction.
• 39% favour a hybrid model that combines both human interaction and AI.

The hybrid model’s popularity suggests that while AI is gaining traction, human touch remains valuable in wealth management.

The Rise of Digital Self-Service

Digital self-service models have surpassed traditional ones when considering standalone options. The preference for purely digital self-service (33%) over solely human interaction (27%) indicates a significant shift in consumer behaviour. However, the hybrid model remains the most preferred option at 39%.

The Future of Wealth Management

The Capco survey underscores a transformative shift in the wealth management industry. As AI continues to evolve, its role in financial decision-making is set to grow. Here are some trends to watch:

• Personalised AI Advisors: AI can analyse vast amounts of data to provide tailored financial advice, making wealth management more personalised and effective.
• 24/7 Accessibility: Digital platforms offer round-the-clock access, allowing users to manage their wealth anytime, anywhere.
• Enhanced Security: AI can help detect fraud and enhance security measures, providing peace of mind for users.

“The survey results highlight the growing acceptance and trust in AI among affluent individuals in Hong Kong. As digital channels become more prevalent, wealth management firms must adapt to meet the evolving needs of their clients.”

• John Smith, Partner at Capco

Comment and Share:

How has AI transformed your approach to wealth management? We’d love to hear your experiences and thoughts on the future of AI in finance. Share your stories in the comments below and subscribe for updates on AI and AGI developments here. Let’s build a community of tech enthusiasts together!

You may also like:

• Masterclass: Game-changing Prompts for Asian Banking

• AI Revolution: How PortfolioPilot is Disrupting Wealth Management

• Harnessing Generative AI for Risk and Compliance Management in Asian Banks

• To learn more about Capco tap here.

TL;DR:

• South Korea hosts an international summit to draft a blueprint for responsible AI use in the military.
• Over 90 countries, including the US and China, participate in the summit.
• The goal is to establish guidelines for AI in military operations, emphasising human oversight and compliance with international law.

Artificial Intelligence (AI) is transforming the world, and the military sector is no exception. As countries race to harness AI’s power, ensuring its responsible use becomes paramount. South Korea recently hosted an international summit to address this very issue, inviting over 90 countries to discuss and draft a blueprint for AI in military applications.

The Seoul Summit: A Global Gathering

On September 9, South Korea convened the second international summit on AI in the military. Co-hosted by the Netherlands, Singapore, Kenya, and the United Kingdom, the event brought together representatives from various governments, international organisations, academia, and the private sector. The goal? To establish a blueprint for the responsible use of AI in military operations.

The Double-Edged Sword of AI

AI’s potential in the military is vast. It can enhance operational capabilities, as seen in Ukraine’s use of AI-enabled drones against Russia. However, it also poses significant risks. South Korean Defence Minister Kim Yong-hyun highlighted this dual nature, stressing the need for guidelines to prevent misuse.

“As AI is applied to the military domain, the military’s operational capabilities are dramatically improved. However it is like a double-edged sword, as it can cause damage from abuse,” said Kim Yong-hyun.

Key Areas of Discussion

The Seoul summit focused on several critical areas to ensure responsible AI use in the military:

• Legal Review: Ensuring compliance with international law.
• Human Oversight: Preventing autonomous weapons from making life-and-death decisions without human intervention.
• Civilian Protection: Safeguarding civilians from AI-driven military actions.
• Nuclear Weapons Control: Exploring AI’s role in managing nuclear weapons.

The Blueprint: Aims and Expectations

The summit aimed to create a detailed blueprint, reflecting principles laid out by NATO and other countries. While not legally binding, the blueprint seeks to establish a minimum level of guardrails for AI use in the military. The number of nations endorsing the document remains to be seen.

Global Efforts in AI Military Regulation

The Seoul summit is not the only initiative discussing AI in the military. The United Nations, under the Convention on Certain Conventional Weapons (CCW), is exploring potential restrictions on lethal autonomous weapons systems. Additionally, the US government launched a declaration on responsible AI use in the military, with 55 countries endorsing it as of August.

The Role of Stakeholders

The summit emphasised the importance of multi-stakeholder discussions. While technological developments are primarily driven by the private sector, governments are the main decision-makers. Collaboration between these stakeholders is crucial for responsible AI implementation.

“The summit aims to ensure ongoing multi-stakeholder discussions in a field where technological developments are primarily driven by the private sector, but governments are the main decision makers,” according to a senior South Korean official.

The Road Ahead

The Seoul summit marks a significant step towards responsible AI use in the military. However, the journey is far from over. As AI continues to evolve, so must the guidelines governing its use. Future summits and discussions will be crucial in shaping the role of AI in warfare.

Comment and Share:

What are your thoughts on AI in the military? How can we ensure its responsible use? Share your ideas and engage with our community. Don’t forget to subscribe for updates on AI and AGI developments.

You may also like:

• AI In The Military: Transforming War Strategies

• The Rise of AI-Powered Weapons: Anduril’s $1.5 Billion Leap into the Future

• The Risks and Rewards of Using AI in Wargame Simulations

• To learn more about the Seoul Military AI summit tap here.