Discussion about artificial intelligence (AI) is booming and examples of AI applications are being reported in all technical fields, including the life sciences. While there is much hype about the fourth industrial revolution and how companies in all fields will either reap benefits from AI or be threatened by it, there is a need for detailed advice on how to deal with AI innovations. This article attempts to give specific pointers on the application of AI in the life sciences field. In particular, the use of AI involves three different elements: