MACHINE LEARNING- What Is It All About?
People often talk about machine learning but hardly any of them knows that it is a part of Artificial Intelligence. In today’s, techno-savvy world, one should be aware of machine learning and what is it all about.
What is Machine learning?
There are different ways in which people define machine learning. For a clear understanding, one can say, machine learning is all about computer algorithm studies. These studies become better and improved gradually with experience.
It is because of technological advancements that there is a huge difference in machine learning today and that in the past.
Machine Learning Algorithms
The machine learning algorithms can be categorized into two sectors for a clear understanding which are:
- Algorithm Grouping by learning style
- Algorithm grouping by similarity when it comes to forming or functioning
But it is grouping by learning style which is important.
Algorithm Grouping by learning style
Based on interaction with the environment or experience or any other input data, an algorithm’s problem can be modeled. The three ways in which this can be categorized are:
1. Supervised Learning
The input data that is termed as ‘training data’ has a result or labels like the price of a stock at a time or spam and not spam that is known. With a help of the training process, a model is prepared to make or correct the wrong predictions. This training is continued until the model achieves the desired level of accuracy.
Regressions and classification are an example of problems.
Logistic Regression and the Back Propagation Neural Network are examples of algorithms.
2. Unsupervised Learning
The result is not known here and there is no label for the input data as well. By deducing structures that are present in the input data, a model is prepared to obtain general rules. This can be done by systematically reduce redundancy, mathematical processes, or organizing similar data.
Dimensionality reduction, clustering, and association rule learning are examples of problems.
K-Means and the Apriori algorithm are examples of algorithms.
3. Semi-supervised Learning
In this category, the input data has both unlabelled and labeled examples.
Here, the problem has a desired prediction but to make predictions and organizing the data, the model has to learn structures.
Regression and classification are examples of problems.
Extensions to additional flexible techniques that predict how to model the data without a label are examples of algorithms.
Benefits of Machine Learning
Machine learning is beneficial for almost all the sectors as it allows to make predictions and take a better decision and solve problems as well.
Some of the known benefits are:
- It easily identifies patterns and trends
- The intervention of human is not needed
- The improvement process continues forever.
- Handles multi-variety and multidimensional data
- It has wide applications
Predictive Maintenance, Elimination of Data Entry manually, Detecting Spam, Product Recommendations, Financial Analysis, Image Recognition, Medical Diagnosis, cybersecurity improvement, and customer satisfaction improvements are a few of the machine learning benefits to the business.
Now that we know the definition of machine learning, its importance, and algorithms, we should know that the future is all about technology. The demand for it would gradually increase. It is predicted that the future will be all about artificial intelligence and machine learning.