November 7, 2017
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Every year, Americans spend more than $3 trillion on healthcare, a figure that is projected to rise to $5 trillion in the next decade. With healthcare spending approaching 20% of the U.S. GDP, a huge effort is underway to control costs. Not surprisingly, many believe that technology has a key role to play in increasing efficiency and reducing unnecessary expenditures, and significant investments in technology are creating opportunities for healthcare technology businesses.
IBM continues to push the boundaries of human-machine interaction with its Watson, machine-learning platform. A new set up APIs allow third party software and hardware to leverage the platform. Tone Analyzer, Emotion Analysis, Visual Recognition, and Expressive TTS arrive as the new Watson APIs.
Google has made a standalone version of its Machine Learning Kit SDK available to developers, allowing them to create AI-assisted apps directly on devices. The big change includes two new APIs that make it possible to create web-connected ML Kit apps without requiring Firebase.