Benefits MNC’s getting using Artificial Intelligence and Machine Learning
What is Machine Learning ?
Machine learning is an application of artificial intelligence (AI) that provides systems the ability to automatically learn and improve from experience without being explicitly programmed.
Machine learning focuses on the development of computer programs that can access data and use it to learn for themselves.
Almost all Industries Using Machine Learning!!
- Education
- E-commerce
- Finance
- Banking
- Healthcare
- Retail
- Advertising
- Consumer analytics
- Fraud detection
We have already talked about what is machine learning and which industries using machine learning, let’s talk about some benefits of machine learning.
- Image & Video Recognition
- Recommendation Systems
- Speech Recognition
- Fraud Detection
- Patient Diagnosis
- Customer service
- Inventory Optimization
- Security
IBM
A long time ago — way back in the 1990s — IBM challenged Russia’s greatest chess player, Garry Kasparov, to a match against its Deep Blue computer. Kasparov trounced Deep Blue in the first match, but then the Russian grandmaster raged against the machine after losing to it in subsequent contests. He probably still hasn’t got over it, claiming there was something amiss in the way IBM played. Others, however, have urged Kasparov to play along and admit defeat, but he still refuses to do what he’s told.
The successor to Deep Blue is the famous Watson AI computer, which beat the best contestants on a US television quiz show called Jeopardy!. Watson Machine Learning is available much like Google Cloud AI machine learning is, but being elitist, IBM probably charges more. And IBM’s chess challenge has been usurped in terms of media hype by the recent human-vs-machine contest over an ancient board game called “Go”, which was won by the machine, of course. In this instance, the machine — or algorithm — was developed by DeepMind, which Google bought a few years ago for about $525 million.
