What Is Machine Learning and How It Works?

What Is Machine Learning and How It Works?

While just a decade ago AI still seemed like it belonged mostly to science-fiction novels and movies, it is very much reality in today’s world. Artificial Intelligence solutions and machine learning are constantly expanding fields and are only likely to expand their reach in the coming years. But what exactly is machine learning and how does it work?

What is machine learning?

Machine learning is an advanced technique of data analysis that makes use of artificial intelligence. With machine learning solutions, AI can continuously learn from the data that is fed to it by identifying new patterns and making increasingly complex decisions without any human input.

While machine learning is nothing new, it has vastly developed and changed from its original concept. Originally, machine learning only stated that computers might learn from provided patterns, without being programmed for a specific task.

Machine learning today - who’s using it?

In today’s world, most industries make use of machine learning to some extent. For example, financial services such as banks use machine learning to prevent fraud by identifying patterns in user data, looking for suspicious activity. Moreover, banks make use of machine learning to search for investment opportunities by recognizing when is a good time to invest.

Virtually all industries that work with tons of data use machine learning to make the task more manageable. Even our governments make use of it, improving public safety by analyzing and identifying ways to prevent accidents without any human input.

How does machine learning work?

Machine learning can be difficult to understand without getting into the technicalities, but the heart and soul of every machine learning operation is a well-written algorithm. Such an algorithm deciphers tons of data every second, looking for specific patterns and constantly learning from the results.

This algorithm does not work alone - together with software that manages data, builds models and optimizes process flow, these tools create machine learning. Is machine learning the future of the world's industry? Definitely!



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