Replies to post #247269 on Biotech Values

[Biowatch]

I’m_not_familiar_with “ Proprietary Laboratory Analyses (PLA) Codes, although I hate the phrase “proprietary” when it comes to biotech.

[imnot6]

Agreed, "AI" seems to be the special sauce nowadays.

IMO much of what is referred to as AI lately could more accurately be described as machine learning - in the meantime, I just accept "AI" as a more or less appropriate umbrella term for a range of computational methods beyond the traditional algorithms of yesteryear.

[rfj1862]

Is it AI, or is it fluff?

More and more PRs from small biotech companies, both public and private, are mentioning AI in a manner reminiscent of the way press releases 23 years ago mentioned the Internet. One example from today’s newswire:

https://www.businesswire.com/news/home/20230601005167/en/Ezra-Receives-510-k-FDA-Clearance-For-AI-That-Enhances-MRI-Enabling-Fast-Low-Cost-Scans

FYI device companies have been talking about "AI" (machine learning, really) for a lot longer than it has been hot. I remember people at meetings using the term AI 5+ years ago. It's nice that it's hot now but it is definitely not new in the device space.