AI is the future. My perspective shifted after I talked to a coworker with extensive experience in the realm of regulatory affairs. He claimed the bot could deliver reliable data, so I started investigating its capabilities and discussing its potential with him. 

In today’s rapidly changing technological landscape, the ability to adopt new tools is crucial, and the best way for businesses to do so is to constantly find new ways to innovate, adopt emerging technologies on a trial basis, and learn to scale those technologies as use cases arise to fit growing business demand.

To fully realize the benefits of AI, PQE Group will need to investigate how the technology can be applied to the development of an organization that prides itself on being perpetually flexible and adaptable. An exciting new era of disruption is just beginning, claims a Wall Street Journal article on the impact of AI on the workplace. 

For example, to streamline the onboarding process, HR departments and managers will increasingly turn to AI for training and education purposes. Companies that are already doing this are seeing their investments pay off.

Research from Deloitte indicates that medical professionals and the patients they serve will significantly benefit from AI. In the life sciences, AI has been applied to achieve breakthroughs that have eluded humans for decades, such as determining how proteins fold. 

This may soon allow us to create synthetic antibodies from our DNA that can be used to combat cancer. Also, when it comes to identifying specific types of cancer in imaging, computer vision has already proven to be more accurate than human oncologists.  

In addition to assisting doctors in keeping tabs on their patients’ health in private, AI will pave the way for advances in drug discovery, pharmaceuticals, and prosthetics that will give people suffering from chronic conditions more freedom of movement, functionality, and ease of life. However, the field of regulation and administration is where it will be most useful immediately. 

One such application is the automatic processing of prior authorization requests between the payor and provider. Pharma companies, hospitals, clinics, HMOs, GPs, and patients will all reap the rewards of this. 

Prior authorization requests can take up to a month’s worth of time for even the smallest private practices, which could be better spent on patient care, meaning patients will have greater access and the healthcare industry will have greater reach. 

Everything mentioned above should be taken with a grain of salt, just like any new technology. It is dangerous to put all your faith in one piece of technology, no matter how advanced it may be. Yet AI is already transforming the workplace, and PQE Group and other forward-thinking companies are ready to use it. 

Organizations adopting this technology need to remember that it should be of additive value, not subtractive. Or, as the Harvard Business Review puts it, “Companies That Replace People with AI Will Get Left Behind.”

We can unleash AI’s full potential and revolutionize the workplace if we approach it critically. As a result, we will be able to achieve previously impossible goals. There is one thing that can never be replicated: the innovative spirit that sets humans apart from the rest of the universe.