From autonomous cars to translate speech and performing tasks in human ways, machine learning is a subset of Artificial Intelligence.
Machine Learning is a scientific study of algorithms and methods to find connection between data, based on the pattern and analysis – the way human mind does.
It focuses on pattern recognition, predictive analysis, and data mining to learn from the data and become independently adaptable to the new data.
ML is closely related to big data, AI, and analytics.
This term was coined by Arthur Samuel in 1959.
It’s one of the hottest buzzwords at present, enabling machines to mimic human decision-making by learning themselves.
It uses mathematical models and advanced statistics for predictions or decisions.
- Self-driving cars
- Face recognition
- Fraud detection
- Product recommendations
- Social media analysis
- Personalized customer experience
- Financial trading
- Sentiment analysis
- Medical diagnosis and predictions
Due to large amount of data and the need for constant analysis, ML is proving its potential to offer multi-dimensional data without no or little human intervention.
Despite much hype, it has a very long way to deliver accurate results that can transform the majority of the domains with human-like decision-making processes.