What is Machine Learning? What is the difference between Artificial Intelligence and Machine Learning?
As the well-known scientist Andrew Ng said – AI is the new electricity. This statement clearly describes the the role of Machine Learning and Artificial Intelligence nowadays. Some people even say that we are living in the time of the fourth industrial revolution, caused by Machine Learning and Artificial Intelligence. Those areas will redefine all aspects of the business world, as well as our daily lives.
But let’s start from the very beginning, what is Machine Learning?
Machine Learning is the subfield of computer science focused on giving the computers the ability to learn without being explicitly programmed. By using algorithms that learn from data, it allows computers to find hidden insights like the ones that are crucial for making better decisions for your business or your life.
In the near future, every single device will be smart and will learn about your needs and expectations, including lamps, fridges, beds, tables, etc. The world we are living in is going to rely more and more on data be dependent on it.
Where can I find Machine Learning Applications in business?
At Lonsley, we build end-to-end, tailored solutions including sales assistants, recommendation systems, market-forecasting analytics, anomaly detection systems, fraud detection systems, predictive maintenance, big data processing, cross-selling and up-selling systems, radical clients personalisation systems, smart data extraction systems, sentiment analytics systems and employee assistant systems. There are a lot of ways how your business can be improved through the use of Machine Learning. You can start with the problems you want to solve or even those you previously considered to be impossible to solve. Based on your needs, expectations, benefits and datasets, we build the best solutions tailored precisely for you. Machine Learning solutions can be found in every industry.
Where can I find Machine Learning Applications in everyday life?
You probably use them a lot already. You can find them on YouTube, Spotify or Netflix, where the system recommends tracks, playlists or videos you may like, based on learning patterns from your activities and previously played media. You can find them on Facebook or LinkedIn, where the system recommends people that you may know or the ones you may be interested in knowing. There are many other applications of Machine Learning, such as detecting spam and viruses in your mails, the systems that detect frauds and anomalies to help you prevent fluctuations. There are several text-and-voice-based systems that help you to get the correct information faster, such as Google Assistant, Alexa, Siri or Cortana. Machine Learning is even present in the self-driving cars that are being created by companies such as Google (Waymo) or Apple. It is only the beginning of an endless list of Machine Learning Applications in our everyday lives.
What is the difference between Artificial Intelligence and Machine Learning?
In general, Machine Learning is a subdivision of Artificial Intelligence. AI encompasses a wider range of activities than Machine Learning. You can sometimes hear something like “general AI” or “Full AI”, which reflects a system with abilities to perform any task that humans can do at a level of quality at least as good as human can do. We are all working on making it able to develop itself.