Machine Learning
Machine Learning is a branch of artificial intelligence (AI) that allows systems to autonomously learn knowledge from data without the need to explicitly encode it. At their core, machine learning methodologies utilize statistical paradigms that allow systems to “adapt” based on data to facilitate informed decision making..
Machine learning mechanics
The learning process begins by providing the system with a large dataset – the training set. The system then uses it to identify patterns and formulate predictions. After training, the effectiveness of the model is evaluated on a separate test dataset.
Methods and frameworks
Machine learning boasts many methods, each designed to solve specific problems. These methods span the domains of supervised learning, unsupervised learning, and reinforcement learning.
Comparing machine learning to conventional coding
Paradigm of conventional coding. In the classical coding approach, software engineers produce certain commands for the system. The system then executes them, producing a result..
The machine learning paradigm. In machine learning, the system receives data and sets a goal (e.g., categorization or prediction). It then autonomously develops an optimal strategy to solve the problem.
Application of machine learning
Machine learning is driving many of today’s technologies, from voice-controlled virtual assistants like Siri and Alexa to customized offerings on platforms like Netflix and Amazon. Its influence extends across a variety of industries.
- Healthcare. Diagnostic tools and predictive analytics.
- Diagnostic tools and predictive analytics.
- Finance. Market trend analysis and predictive modeling.
- Automotive Industry. Autonomous vehicles and traffic analysis.
- Security. Identify anomalies and detect fraudulent activities.
Finance.
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