We cannot predict the time scale of this advancement and its impact on society but artificial intelligence has promised to get this approach to a new level. Better or worse results are still to be decided. It has given everyone the amazing results like above their expectations. So many people are coming in this field due to these astonishing results.
So basically, what is machine learning in the first place? The answer to this question is improving the outcomes of a product by using the information you provide to the system. The machine is able to comprehend it without human intervention is one of the greatest features of this field. The results which this technology produces have accelerated its use in almost all the fields. Following are the different fields in which machine learning will prove to be a great technology:
This machine learning technology is now focusing on self-driving vehicles. Automated vehicles will reduce traffic problems by up to 90%. It’s not a long-time project and today it seems like a fantasy. But in the upcoming future, this will be a time changing a game in self-automated vehicles. For this engineer is working on the algorithms of machine learning. All the art and set of instructions lie in this technology.
Health care system:
This is a fact that the health sector is one of the large sectors of any country’s economy. But it is not as developed with regard to its infrastructure. Machine learning approach in medicine is doing wonders and will prove groundbreaking in this field. By using it larger data can be shared and stored on the systems without even breaking the confidentiality. Moreover, a patient’s care and follow checkup can be scheduled on this system which will improve the health care system by 80%.
Only the retail industry is providing $20 billion to the economy of a country. Customer behavior and tendencies help them to generate large information on their revenues. But mostly they don’t have or have a poor connection with the warehouse. So, they are unable to get the insights of their customers. With a machine learning approach in this technology, groundbreaking results can be produced. In this way, they will get a chance to know about their customers better and in a more friendly way. Personal experience of every customer will be shared on their computers.
Using these machine learning systems, a system can predict the right time of the discounts. It gives you a full detail from the time a customer enters the store till he paid on the counter. In this away a complete follow, up of each customer can be stored in the database of a specific retailer. This will give a boost to the retailer industry and their sales will be increased by many folds.
Companies pay alone many million dollars each year to save their firms from security threats. Machine learning has provided great insight into security, theft, and fraud. This will save these firms a million bucks annually.