Why Is Machine Learning Important?

Machine learning is important because it gives enterprises a view of trends in customer behavior and business operational patterns.

Healthcare – Machine learning is being used to help medical professionals detect the presence of diseases, and machine learning processes are also used to detect emotional states via smartphone data.

Transportation – Both Google and Tesla’s self-driving cars are powered by machine learning technology, including deep learning which allows them to interpret, predict and respond to data critical for autonomous driving.

How is machine learning used in retail? Machine learning algorithms can exploit purchase data to predict inventory needs in real-time.

Banking & Finance – They utilize machine learning to detect and prevent fraudulent transactions, and to identify insights in financial data, allowing them to find better investment opportunities

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