Advantages of machine learning
Advantages of machine learning
Continuous Improvement
Machine Learning algorithms are capable of learning from the data we provide. As new data is provided, the model’s accuracy and efficiency to make decisions improve with subsequent training. Giants like Amazon, Walmart, etc collect a huge volume of new data every day. The accuracy of finding associated products or recommendation engine improves with this huge amount of training data available.
Automation for everything
A very powerful utility of Machine Learning is its ability to automate various decision-making tasks. This frees up a lot of time for developers to use their time to more productive use. For example, some common use we see in our daily life is social media sentiment analysis and chatbots. The moment a negative tweet is made related to a product or service of a Company, a chatbot instantly replies as first-level customer support. Machine Learning is changing the world with its automation for almost everything we can think of.
Trends and patterns identification
This advantage is a no brainer. All of us interested in Machine Learning technology are well aware of how the various Supervised, Unsupervised and Reinforced learning algorithms can be used for various classification and regression problems. We identify various trends and patterns with a huge amount of data using this technology. For example, Amazon analyzes the buying patterns and search trends of its customers and predicts products for them using Machine Learning algorithms.