Precision medicine is a rapidly expanding health-care approach that focuses on finding treatments and interventions that work for patients based on their genetic composition rather than their symptoms. One developing trend in precision medicine is the use of artificial intelligence and machine learning to improve the traditional symptom-driven practice of medicine, allowing for early interventions with advanced diagnostics and better, more cost-effective therapies. Stakeholders in the fast-moving era of genomic and molecular medicine are inevitably leaning toward specificity in medical treatment. Pharmaceutical and biotechnology industries are also making strides in drug development pathways that are faster and more predictable, saving time and money. To conclude, while conventional medicine cannot be completely ruled out, it is clear that PM is defining the future of medicine and has a good possibility of supplanting it in the future.