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This article originally featured on G7G20.
Augmented reality and virtual reality are gaining significant momentum. While virtual reality (VR) is predicated in a man-made and virtual world, augmented reality (AR) is a technology based within the physical world with additional layers of knowledge shown in real-time.
Last 12 months, Pokemon Go became a worldwide hit and made AR mainstream to consumers. While gaming has been a well-liked use of AR, there are rather more practical and life changing applications particularly in advancing the medical field through a big selection of use cases which can unlock tremendous productivity.
According to Goldman Sachs, the healthcare marketplace for VR/AR is currently $5.1b by 2025. As health costs proceed to rise, AR will play a big role to assist prevent, manage and cure billions of individuals.
Current AR use cases include:
- surgery akin to minimal invasive surgery
- training and educating doctors in a more immersive manner
- diagnosing patient higher by overlaying medical record and scans, and
- detecting cancer through image recognition etc.
Some examples include AccuVein, ARnatomy, and Vipaarthough we’re only on the cusp of breakout ideas and practical applications.
An area of health that’s hardly discussed is mental health and illness, depression alone was estimated to cost US$800B in 2010 from the lack of economic output based on the World Bank. By integrating artificial intelligence (AI) with AR, the power to detect and discover facial expressions, voice tones and physical behaviours may also help families and doctors to detect signs of depression and other mental illness in real time. Brain Power, is an interesting startup that helps individuals with autism to show themselves life skills and to measure their progress.
In the long run, we are going to live in a world where everyone can to an extent, be their very own doctors, which results in higher and more efficient medical care. CliniCloud, an Australian startup made the world’s first stethoscope for home use. Of course, there are cases where an expert is required to diagnose but fast AR/VR telehealth tools will make the experience of going to a specialist much less awkward and fewer frustrating. Subscribing medication and coverings through the smartphone, smart glass or a wearable device will even be in a timely manner. Out of medication? Your smart device will robotically sense and send a notification to your local pharmacist or within the not too distant future, printing its own tablets through a 3D printer.
Underlying the remarkable progress in AR/VR and medtech within the last five years is the many years of research and development in AI, computing and graphics processing, software and the web. The integration of such technologies pays off exponentially for us all within the many years to come back. It will even be more frightening if our health data are within the unsuitable hands and our governments don’t protect our privacy and safety. With a blink of an eye fixed, we could find our future soulmate’s biological and health information in front of our eyes. If we fail to create, standardise and follow an ethical code-of-conduct with regard to the handling of health and biological data, the world preempt by the film GATTACA might increasingly be a self-fulfilling prophecy where the unhealthy, poor, disadvantaged and genetically-unlucky are discriminated against. Proper and timely regulation of the use of knowledge critical.
Nevertheless, there may be more to be optimistic than pessimistic. Those in developing and emerging countries have probably the most to achieve as such technologies can profit many lives through the sheer scale of utilising smartphones, AR and AI. In a society where medical equipments are relatively rather more expensive and doctors take a protracted time to coach as a result of the shortage of quality institutions, such advance in medicine might be a breakout opportunity towards higher living standards. As outlined in Bill and Melinda Gate’s 2017 letter to Warren Buffet , by reducing the prices of vaccines and other health barriers, 120 thousands and thousands kid’s lives were saved for the reason that Nineteen Nineties. If every smartphone or wearable device finally ends up representing a health care provider, health care costs might be tremendously lowered, billions of lives might be saved and our living standards to extend.
We must be determinately optimistic about our future. For 1000’s of years, homo sapiens have at all times, in an ingenious way, manage to resolve complex problems and the advancement in AR technology and medicine will only bring us one step closer to finding the elixir of life. Still, technological disruptions will at all times brings unintended consequences as we’ve observed over the past 12 months and as a world society, we must remain attentive of the moral dilemmas that include it.
Rachel Bui is the founding father of Aires, a man-made intelligence lab and a co-founder of the Australia – Vietnam Leadership Dialogue. Rachel previously worked at muru-D, the start-up accelerator backed by Telstra, and on the Victorian Department of Treasury and Finance in Melbourne, Australia, where she worked on education reform, taxi deregulation, public transport and Plan Melbourne. She holds a B.Com (Hons) from Monash University. Rachel is a One Young World Ambassador and the Clinton Global Initiative University.
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