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AI Eye Podcast #498: GBT Developing Expert System for qTerm Device, Predictiv AI Donates ThermalPass Fever Detection System

 

Point Roberts, WA and Vancouver, BC - December 17, 2020 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence - featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

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AI Eye Podcast #498: GBT Developing Expert System for qTerm Device, Predictiv AI Donates ThermalPass Fever Detection System

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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (OTCPINK:GTCH) (TSXV:PAI)

GBT Tokenize Corp., the joint venture of GBT Technologies Inc. (OTC PINK:GTCH), is developing an expert system - an artificial intelligence based computer program that solves problems that would usually require a human expert - based flow for its qTerm device mobile application. The aim of this, according to the press release, "will be to integrate machine learning functions to allow the expert system to acquire more and more knowledge from past experience and various external sources." Danny Rittman, GBT's CTO, explained:

"We are preparing qTerm infrastructure for our qTerm vitals device and our goal is to develop an advanced flow for its mobile application. The mobile application flow is targeted to work with a backend server and together to run an expert system that will use a knowledge database and an inference engine. We believe that our qTerm device will become a health monitor device for users, enabling health-aware life. We believe this type of system can save lives for users with existing conditions."

Predictiv AI Inc. (TSXV:PAI) has donated one of its ThermalPass fever detection systems to the Flemingdon Food Bank in Ontario, Canada, to "help keep patrons, staff, and volunteers, healthy and safe as demand for food banks continues to increase amid this busy and challenging holiday season." Michael Lende, President and CEO of Predictiv AI, commented:

"ThermalPass can play an important role in the health and peace of mind of patrons, volunteers, and staff as it identifies individuals with an elevated temperature accurately and efficiently. Predictiv AI is proud to do our part in helping support the community during these difficult times."

Global AI in Drug Development and Discovery to Reach $4.815 Billion by 2027

A report published by Allied Market Research finds that the global AI in Drug Development and Discovery market will grow from $520 million in 2019 to $4.815 billion by 2027 with a compound annual growth rate (CAGR) of 31.6 percent in the forecast period 2020-2027. An excerpt from the report overview outlines the role of AI in the market:

Artificial intelligence has significant applications in the drug discovery field as it helps track diseases, create disease cures and predict which animal viruses appear to mutate. Artificial intelligence has been known to enhance R&D in drug discovery, which has helped researchers to discover chronic disease treatments. Drug discovery and development in the fields of medicine, pharmacology, and biotechnology are processes for the creation, design, and procurement of a drug through identifying a biological target, such as enzyme protein, gene, or receptor. Previously, the drugs were discovered by identifying the active ingredient conventional treatments. Thus, drug discovery is the first step in the process of identifying potential novel drugs and their medicinal purpose. New criteria for drugs are measured based on their bioavailability, efficacy, potency, and toxicity.

Sam Mowers, Investorideas.com

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About GBT Technologies Inc.

GBT Technologies Inc. (OTC PINK: GTCH) ("GBT") (http://gbtti.com) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms.  GBT has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software.  GBT’s system envisions the creation of a global mesh network.  The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. GBT envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.

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