49. Data analytics and new horizons

Data analytics continues to grow in importance in various fields, like healthcare, finance, marketing, and more. The increasing availability of data, the development of new technologies, and the growing recognition of the value of data have revolutionized healthcare and will continue to do so. Data helps healthcare professionals make more informed decisions for improving patient outcomes, reducing costs, enhancing research, and improving population health. In light of these opportunities, there are also growing concerns about data ethics. Data ethics involves considering the potential impacts of data on individuals and society, and ensuring that data is handled responsibly without creating biases. The AI act helps regulate data analytics-powered applications so that innovation can safely progress to bring healthcare to the next level.