Artificial intelligence has the potential to power a health and wellness revolution, but there are some points that need to be ironed out first. "We could literally cure breast cancer with AI," Barrett said, referring to an algorithm that can predict a woman's five-year risk of breast cancer. "A radiologist looked at it and said, 'She doesn't have breast cancer. AI said, 'I think she's going to have breast cancer in the next two to three years.' That is a game changer because breast cancer is curable if you catch it in stage one."

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Persons: Chris Tung, Brittany Barrett, Arjun Kharpal, Barrett, Tung Organizations: East Tech, Viva Technology, Alibaba Group, CNBC's Locations: Paris, China, Hangzhou province