Money Matters: Move over ChatGPT — AI’s coming for a byte of the medical and dental industries
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When you hear the words “artificial intelligence,” your mind might instantly go to robots, Alexa, Elon Musk, or even movies like “I, Robot” and the more recent “M3GAN,” about an artificially intelligent doll who develops self-awareness and begins to take on a dangerous life of its own. Whether we’re watching nonfiction stories about cyborgs on the big screen or driving a Tesla, AI technology is transforming our everyday lives and a variety of industries. It’s here to stay and is making quite an impact.
With AI’s growing popularity, experts say it could revolutionize even more industries than it already is. We’ve seen this rise in popularity and technological advancement thanks to hefty investments from tech giants. Precedence Research reports that in 2022, the global artificial intelligence market size was estimated at $119.78 billion; by 2030, it is expected to reach $1,591.03 billion. That’s some serious revenue!
Though there’s a long journey ahead as to what it will achieve, the technological progression is something to be recognized.
Let’s take a look at two of the industries AI is dominating — medical and dental — including its impact and benefits.
AI’s impact on dental practices and hospitals
AI is making dentistry and health care truly more efficient and enjoyable, and its impact on both industries has already become life-changing. Even though the goal of this technology is to achieve cheaper and more efficient health care services, it won’t replace doctors or staff with machines but work alongside them.
The National Library of Medicine states that when it comes to dentistry, particularly endodontics, AI can mimic the intelligence of humans to undertake complex predictions and decision-making. It exhibits accuracy and precision in disease detection, evaluation, and prediction.
Likewise, AI technology is rapidly making its way into hospitals. Driving innovations in surgery, clinical operations, data management, and drug development, it’s revolutionizing the health care sector. Most of the robots used in hospitals aren’t fully automated but show great potential in changing the way medical procedures are performed. Health care professionals can’t deny the precision rivaling that of the best-skilled surgeons. Wielding these types of results ensures a permanent place for this technology in health care and other fields.
According to Statista, the artificial intelligence health care market size was worth around $11 billion worldwide in 2021 and has continued to grow. Again, AI’s really racking up that profit!
Benefits of using AI in dentistry and health care
The progression of this type of technology is having a profound effect on dental and health care professionals’ overall well-being and careers. Since dental practices and hospitals have implemented AI, staff have seen their workplaces change: Not only can these professionals work longer into their careers if they’d like to, but by using AI to supplement their practices, they can work faster and more accurately. This in turn can reduce costs and the number of medical errors.
Patients are also seeing the benefits of their dental offices and hospitals upgrading to this type of technology. Staff can get more information to them quicker. Patients are also able to see results or diagnoses themselves instead of just being told by staff. Other smart technologies like virtual reality (VR) and telehealth appointments are being used to reduce anxiety and stress associated with health procedures and in-person visits.
Rushi Ganmukhi, founder and CEO of Bola AI, was one of the many people in the tech field that saw a gap that needed to be filled and used his expertise to fill it. He’s killing the dental tech game with Bola AI’s Voice Perio software and Clinical Notes solution, which provides a truly touchless office experience for dentists, hygienists, and office staff.
With the support of dental giants like Curve Dental, Overjet, Henry Schein One, and a 4.6/5 user satisfaction score, Bola AI’s 99 percent accurate voice technology is blazing a new trail for patient charting. A 2022 study with Heartland Dental found the following results:
- 14X ROI ($1,550 monthly cost vs. $22,500 in additional revenue).
- 1 hour per day of staff time saved (based on three hygienists per office).
- 63 percent more streamlined (Hygienists who used another team member to record probing results decreased by 63 percent.).
- $36,000 more treatment revenue per office.
To achieve such results, Bola.AI tailors its technology to specific and structured data entry tasks. This makes it easier for everyone — and the best part is that the technology is creating happier hygienists, assistants, and patients.
Technology is ever-evolving
As experts continue to make this technology better and better, having it in our dental practices, hospitals, and other offices will create efficiency like we’ve never known before. Integrating AI will raise not only revenue but also the spirits of the staff and patients working alongside this technology. Who wouldn’t want a better quality of life for themselves and their patients? Everyone benefits. How awesome that technology is ever-evolving and can make this possible! Learn more about the basics of artificial intelligence at http://ibm.com and http://hbsp.harvard.edu.
Maddie Mosley is a project manager at Stage Marketing, a full-service content marketing agency based in Provo.


