Generative AI, Healthcare & The Talent Landscape

What does the growth of AI mean for healthcare?

Has the growth of AI impacted your healthcare company’s hiring strategy? If it hasn’t yet, the chances are it will, with the World Economic Forum reporting that 22% of the health and healthcare industry will experience a talent churn due to AI. Additionally, the WEF expects over 70% of medical and healthcare services companies to adopt AI technologies, less than 40% to prioritize skills training in AI and big data, and 80-90% to accelerate automation.

What does this mean for healthcare?

The healthcare industry is trending toward widespread adoption of AI. While this may result in the loss of certain roles, it also opens the door for never-before-seen positions, which provides a tremendous opportunity to bolster your team with talented individuals who can not only hasten your company’s adoption of these tools and technologies but also create efficiencies and processes that may not otherwise be possible. Two new positions we’ve been discussing recently are “Chief AI Officer” and “Prompt Engineer.” Here’s an overview of what we’ve learned so far:

Chief AI Officer (CAIO)

This role is expected to increase in adoption in the coming years
The improvements of generative AI are slipping past the expertise of CIOs and Chief Data Officers, burgeoning the need for a more specialized role
The Chief AI Officer will be responsible for the continued integration of AI and machine learning (ML) in workflows, technologies and business processes as well as increased efficiencies to benefit the bottom line

Prompt Engineer (PE)

A combination of programming and natural language, a Prompt Engineer is someone who can leverage text strings to produce desired outcomes
This person would be responsible for understanding the deep nuances between AI platforms and how to input prompts (what you ask the AI) that generate intended and relevant responses
The demand for this role is growing in the health tech industry, but it’s too soon to tell if the need for Prompt Engineers will remain as AI continues to advance

While it’s unknown what long-term effects generative AI and tools like ChatGPT will have, one thing is clear: AI is here to stay. Moreover, it will only become more critical that your internal leadership and teams understand how to best leverage these tools to help your company grow.

Insights

Generative AI, Healthcare & The Talent Landscape

What does the growth of AI mean for healthcare?

Some of our clients