A recent US Congressional Report [senate.gov] suggests: "We stand at the edge of a new industrial revolution, one that depends on our ability to engineer biology. Emerging biotechnology, coupled with artificial intelligence, will transform everything from the way we defend and build our nation to how we nourish and provide care for Americans."
Here is some commentary by Eric Schmidt [youtube.com] on the report including his predictions on the future of AI applied to biotech and other areas over the next few years.