Research has shown that our actions on our smartphones, computers, and social media account can indicate a lot about our current well-being. This realization has no led to a new field of study called digital phenotyping, which studies people’s interactions with digital devices to make assessments of their mental and physical health. One company in particular that has made efforts to perform this kind of analysis is Facebook. Facebook has begun to use artificial intelligence to analyze posts, comments, live-stream videos, and status updates for behavior that may indicate severe depression or suicidal thoughts. When it detects these characteristics, the site can send a message to the individual, encouraging them to get professional help.
Other than Facebook, there are other companies working to provide similar services with digital phenotyping. One company called Sharecare offers an app that monitors your stress levels during phone calls to provide an assessment of your current mental health. Others use information about daily smartphone use to gather insight about memory and mood swings.
What do you think about digital phenotyping? Will this be something we see used more in the future? What is the ceiling for the amount of insight it could provide? What do you think the health insurance implications will be? Feel free to leave your comments below.
Artificial Intelligence is rapidly evolving as it becomes more developed. AI is going to eventually change the way information is gathered and decisions will be made differently. AI already has the ability to automate tasks that are regularly completed thus increasing efficiency and leaders are starting to use it. However, the shift to the use of AI will greatly affect the consulting industry. AI will be able to use data analysis and presentation in order to advise these corporate clients and although consultants are very intelligent at they do, artificial intelligence is better.
AI and other machine learning applications can analyze large amounts of structured and unstructured data and produce advice in a short amount of time for a cheaper cost than consultants in the market. They are also capable of building computers models that contain complex information because it is able to detect patterns from data. This process is very difficult for even the most intelligent and largest consulting firms.
Many corporations are soon to also rely on AI to manage human capital. Many of decisions made within corporations for example, mentorship, promotion, and compensation, are political. These biases negatively affect how many groups of people are managed and it results in organizations lacking in the ability to appropriately recognize and reward performance.
What will happen to the consulting industry? Will consultants be completely eliminated due to artificial intelligence?