Lead This Way is an interview series that features frank conversations with today’s leaders. The series will give consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change, and how they define success for themselves and their organizations.
A new wave of humanoid robots is threatening to shake up the labor market. Built like humans and fueled by artificial intelligence, the machines are learning to tackle complicated tasks at a rapid rate. The advancement of generative AI is supercharging how quickly humanoids can learn, backed by vast amounts of data and high-powered chips. Chipmaker Nvidia (NVDA) has doubled down on its future, building out an ecosystem that enables robotics makers to customize their products. The Isaac robotics platform, which includes generative AI foundation models and tools, allow developers to simulate real- world movements in the digital world, while Nvidia’s Thor system-on-a-chip (SOC) provides the computing power needed to drive the transformation. Already, Tesla (TSLA), Amazon (AMZN) and others are incorporating humanoids in their work spaces. At a recent shareholder meeting, Tesla CEO Elon Musk said the machines had the potential to propel the EV maker into a $25 trillion market cap company. Tesla is looking to capture the market by integrating its Optimus humanoid into factory floors. Musk has said two robots have already been deployed at the company’s Fremont, California factory and predicted “a few thousand” Optimus robots to be working by 2025. But the company faces plenty of competition. Austin-based Apptronik has already signed partnerships with logistics firm GXO and Mercedes-Benz to deploy its humanoids to their floors, while Amazon has begun using Agility’s Digit robot in its test facility. Watch to see what’s NEXT in humanoid robots. If you’re going to future-proof your portfolio, you need to know what’s NEXT. In this series, Yahoo Finance will feature stories that give a glimpse at the future, and show how companies are making big moves today that will matter tomorrow. For more on our NEXT series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday.
Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), and Apple (AAPL) are racing to carve out their stake in the healthcare market. Their moves come as health providers are turning to big tech to optimize hospital operations and data sharing. While Microsoft has a stronger foothold in the provider space with a lengthy list of partnerships and its well-integrated Azure OpenAI service, health system organizations say that Amazon Web Services (AWS) is a top contender in the health cloud sector.Dr. Angela Shippy, medical doctor-turned-physician executive at AWS, is betting on the company’s voice tech expertise utilized in tools like AWS HealthScribe to shape the industry for the better.Yahoo Finance gets an inside look at Houston Methodist Hospital’s Technology Hub where Dr. Shippy demonstrates AWS’s latest cloud technologies.To see the full Lead This Way episode: How a doctor at Amazon's AWS is using AI to improve healthcare, click here.For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday.
As AI and machine learning roll out across virtually every sector of the economy, bringing both cost savings and efficiencies, the biggest tech companies are racing to conquer what they see as the next frontier: healthcare. Dr. Angela Shippy, medical doctor-turned-physician executive at Amazon Web Services, is leading the charge at the world's biggest cloud provider. Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG, GOOGL) and Meta (META) added $16 billion to their 2024 capex on AI spending this earnings season, a 31% increase from last year. Part of that capital is spent on healthcare, in an effort to target what many see as a broken system that has suffered from long-standing problems that were further exacerbated during the Covid-19 pandemic. “If we can take away those tiny administrative burdensome tasks and allow them to do what they truly love,” Dr. Shippy said, “then we know we're making it a better experience for them, and we're making it a better experience for the patient as well because they're in control.”Dr. Shippy is leveraging her background as a practicing clinician to inform her work as the Clinical Innovation Lead for healthcare at AWS. In her role, she connects with 700 healthcare providers across the country as they integrate AWS-powered tech solutions into their practices. While 56% of hospitals’ total operating revenue goes toward labor, the field is also challenged with managing labor shortages and increased patient volumes. Dr. Shippy aims to address these issues by deploying devices like Amazon Alexa to empower patients to make requests like turning a light on and off while reducing pressure on staff. Yahoo Finance gets a closer look at how Dr. Shippy is driving AWS’s next cloud revolution in healthcare and her plan for how AI will create a more equitable healthcare system overall.