Artificial Intelligence And Healthcare: Balancing Innovation And Intellectual Property Rights
- IJLLR Journal
- Jul 27, 2024
- 1 min read
Deeksha R, BBA LLB (Hons.) PES University, Bengaluru
ABSTRACT
Artificial Intelligence (AI) is revolutionizing healthcare by enhancing diagnostics, personalizing treatment plans, and optimizing administrative processes. However, the rapid advancement of AI technologies brings forth significant intellectual property (IP) challenges that need to be addressed to foster continued innovation while protecting the rights of inventors and stakeholders. The security of AI algorithms and the data they use is one of the main issues at the moment. Since AI systems are constantly evolving and changing, traditional IP frameworks—which are mainly intended for tangible inventions and static creations—often fail to take this into account. This disparity raises questions about patent eligibility, especially in the case of AI-generated innovations and procedures. To guarantee the innovations in AI are sufficiently safeguarded without impeding innovation and advancement, it is imperative to establish explicit guidelines and modify current intellectual property regulations. To construct a strong intellectual property (IP) environment that protects interests and fosters innovation, stakeholders—including legislators, healthcare providers, tech developers, and legal experts—must work together. A balanced approach that guarantees equitable reward and recognition for inventors while permitting broader access to AI technologies might be offered by programs like shared patent pools and open innovation platforms. This article focuses on several key aspects such as Legal and Ethical Considerations, challenges and global frameworks and regulations in intellectual property for AI in healthcare. To fully utilize AI in healthcare, a well-balanced strategy that upholds intellectual property rights, encourages innovation, and guarantees the ethical use of data will be essential.
Keywords: Artificial intelligence, intellectual property, innovations, healthcare, challenges.