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WHAT IS MACHINE LEARNING: HOW HAS IT EVOLVED?
Оглавление“The early bird gets the first worm, but the wisest bird gets the fastest one.”
— Matshona Dhliwayo
Hard work can take you wherever you want, but smart work can make you reach there faster. Let's make our system smart enough to carry out repetitive/mundane tasks. Now, let's understand what machine learning is all about and how it can make a difference.
Machine learning is like a person learning from experience. For example, as the owner of a grocery store, you need to optimize your inventory. The question is, how can ML help you in doing so? ML can predict inventory needs based on the weekday, season, events in nearby locations, customers' behavior, and so on. But for precise predictions, you need to feed your machine with lots of data, so that machine learning algorithms find patterns in the data. Using this data, the ML algorithm can predict sales in advance. Also, if you are using computer vision technology to monitor customer behavior or if you are using a robot assistant like LoweBot in your store, both technologies help ML to keep track of inventory and notify managers if any unexpected pattern of inventory data is found.