Facebook Facebook icon Twitter Twitter icon LinkedIn LinkedIn icon Email



How AI is taking the Biotech industry by storm

5 April 2024 • by Michael R. Wade, Amit M. Joshi in Podcasts

Mike & Amit discuss how artificial intelligence may revolutionize healthcare, and improve our collective quality of life...

Apple Google Spotify

There have been incredible advances in biotech over the last decade, and today, technology is ever-present in life sciences.

Digital tools like AI and machine learning are increasingly used in the development of pharmaceuticals, while physical products like CRISPR are allowing us to edit the very building blocks of life. As Amit Joshi says, we now have “Photoshop for DNA.”

But are these advances getting the attention they deserve?

Mike and Amit argue that in recent years, biotech has been overshadowed by the rise of AI assistants, NFTs, and cryptocurrency.

To balance the scales, this week our IMD professors discuss how artificial intelligence may revolutionize healthcare, and how new technologies may improve our collective quality of life.


Michael Wade - IMD Professor

Michael R. Wade

Professor of Innovation and Strategy at IMD

Michael R Wade holds the Tonomus Professorship in Digital Business Transformation and is Director of IMD’s Global Center for Digital Business Transformation. He directs a number of open programs such as Leading Digital Business Transformation, Digital Transformation for Boards, Leading Digital Execution, and the Digital Transformation Sprint. He has written ten books, hundreds of articles, and hosts a popular management podcast. In 2021, he was inducted into the Swiss Digital Shapers Hall of Fame.

Amit Joshiv - IMD Professor

Amit M. Joshi

Professor of AI, Analytics and Marketing Strategy at IMD

Amit Joshi is Professor of AI, Analytics, and Marketing Strategy at IMD and Program Director of the Digital Strategy, Analytics & AI program, Generative AI for Business Sprint, and the Business Analytics for Leaders course.  He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience of AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma.

Listen to our new series

Learn Brain Circuits

Join us for daily exercises focusing on issues from team building to developing an actionable sustainability plan to personal development. Go on - they only take five minutes.
Read more 

Explore Leadership

What makes a great leader? Do you need charisma? How do you inspire your team? Our experts offer actionable insights through first-person narratives, behind-the-scenes interviews and The Help Desk.
Read more

Join Membership

Log in here to join in the conversation with the I by IMD community. Your subscription grants you access to the quarterly magazine plus daily articles, videos, podcasts and learning exercises.
Sign up

Log in or register to enjoy the full experience

Explore first person business intelligence from top minds curated for a global executive audience