Former Meta Exec: ‘Culture Is The Greatest Challenge To Benefiting From GenAI'
Executive Summary
To Jerome Pesenti, the biggest hurdle to integrating generative artificial intelligence into the biopharma industry is accepting that data often knows better than humans.
Pesenti was attracted to Owkin because of its unique approach to data collection and analysis, namely the process of federated learning. Federated learning draws on datasets from multiple sources to train proprietary machine learning models. The premise – and promise – of this approach is for each participant to benefit from a larger pool of data than their own, resulting in increased machine learning performance.
The approach preserves privacy and data ownership by keeping proprietary data on participants' servers, with only algorithms and predictive models traveling to Owkin’s servers. (Also see "Solving The Data Problem For AI In Drug Discovery" - In Vivo, 25 Oct, 2022.) Owkin is one of the notably financially successful companies in the AI space and achieved unicorn status after deals with Sanofi – which, in addition to a partnership for discoverer of novel targets and therapeutics for four cancer types, made an $180m equity investment – and Bristol Myers Squibb, to improve that company’s clinical trial designs. (Also see "Deal Watch: Sanofi To Tap Owkin’s AI, Machine Learning In Oncology" - Scrip, 18 Nov, 2021.)
In Vivo spoke with Pesenti about generative AI, barriers to integrating these technologies in biopharma, and what he learned during his time at Meta.
Owkin has a genAI target discovery engine that I’m excited about. It can help identify novel candidate targets for patient subgroups by applying large language models to multimodal patient data and aggregating causal evidence from existing knowledge. This significantly expedites the drug discovery process, potentially leading to the development of new medicines, therapies, and treatments, and matching the right patient to the right drug.
The second learning that I got from my time at Meta is seeing the amazing power of AI. Companies like Meta and Google have proven in the past 10 years that AI systems can have tremendous impact on growth. They throw an immense amount of data at their algorithms and get results they use to guide the creation of content that’s compelling and engaging for individuals, and to create ads that are actually relevant to people. So, in that context, AI has a tremendous impact and an enormous return on investment and it is used to optimize processes.
You can think of the drug discovery process as a very long sequence of decisions on whether to take a program to the next step. The challenge I see is that a lot of these decisions are based on intuition. But if you want to really address the biggest problem, which is attrition, and the fact that you put a lot in the beginning of the funnel and little comes out at the end, you need to make decisions differently. There is an opportunity to leverage data every step of the way. A place like Meta is completely data-centric and every decision is made by analyzing information, figuring out what is causing a delay and making changes based on the data. But I believe this is not exactly what is happening today in drug discovery, and that’s what could make a big change in terms of benefiting from AI.
In addition to the cultural challenge of placing data at the center of an individual company, the biopharma industry as a whole may not have a data-centric view. If you look at all the steps in the drug development process, no single company has all the data to optimize all the steps. The future is for companies to combine their data. What I love about Owkin is that they created a platform, a mindset, where they can put the data together to everyone’s benefit. That is an example of a mindset shift and a change in dynamic that will potentially turn the industry around.
The question is, are we making decisions differently with AI. There is a saying in AI that all models are wrong, but some are more useful than others. In other words, models are often used to justify human decisions, rather than decisions being made primarily based on model outputs. Human intuition is limited and biased. Biopharma companies need processes where they put data in and get information out, which humans can evaluate. If you have the decision process essentially human-driven, the added benefit of AI is marginal. In big tech, the added value of AI is critical because they place the data at the center. So, the partnership between humans and AI in biopharma needs to change. It can’t just be humans completely in the driver’s seat and AI making some nice recommendations that we then decide to use or not.