214. A Generative AI Primer for Healthcare Business Leaders

According to Gartner, 80% of health system CIOs are actively exploring Generative AI use cases, so we break down the basics that everyone in health IT should know about the technology on this episode of The Innovation Engine. We cover three main topic areas that will be vital for healthcare leaders to understand the implications of with regards to Generative AI: accuracy, cost, and privacy.Pankaj Chawla, 3Pillar’s Chief Innovation Officer, and David Evans, 3Pillar’s Director of Global Innovation, join the show to talk with 3Pillar's Healthcare Industry Lead Steve Rowe to give listeners and healthcare leaders a look at how they can and should harness GenAI to be more efficient and effective.We cover topics including retrieval-augmented generation (RAG), data engineering and databases, workflows, Kubernetes, and self-provisioned GPUs, and separate cloud instances.Episode Highlights:00:00 - Intro to GenAI in Healthcare1:53 - Why hallucinations happen3:56 - Preventing hallucinations11:01 - Cost concerns13:37 - Keeping GenAI cost effective19:25 - Data + privacy concerns21:07 - Protecting data25:30 - Data architecture for GenAIResources:Read 3Pillar’s white paper: “How Can You Keep Your AI Costs From Spiraling Out of Control?”Read about the internal chatbot that JPMorgan Chase developed for employeesLearn more about 3Pillar’s GenAI Strategy Email Steve Rowe: steve.rowe@3pillarglobal.comEmail Pankaj Chawla: pankaj.chawla@3pillarglobal.comEmail David Evans: david.evans@3pillarglobal.comProduced by NOVA Media

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We feature interviews with best-selling authors and innovation experts from around the world. We focus on corporate innovation through the lenses of leadership, company culture, and emerging trends and technologies. Recorded & produced by 3Pillar Global, a product lifecycle management and software development company based in Fairfax, VA, with offices around the world.