Machine learning is the kind of programming language which allows computer systems to automatically learn from data without being explicitly programmed. Machine learning program extracts the patterns out of raw data using an algorithm. In other words, machine learning is intelligence demonstrated by machine. It is the future of this century. It will change the lifestyle of humankind. AI will understand what you want next and act according to it.
The demand for AI is great it is relatively new the market and growing at a fast pace. Developers who are interested in AI will be on-demand. Machine Learning is a vast area. There is a huge opportunity to exist in the machine learning field. In every business model, you can integrate machine learning. Here, I have listed the sectors where machine learning is very high demanded.
Healthcare:
Machine Learning will be very useful in the healthcare area. It will diagnosis the decease before they occur by analyzing the symptoms. Even ML has the ability to identify abnormalities from image data of radiology, cardiology, and pathology. A deep machine-learning algorithm is able to diagnose diabetic retinopathy in retinal images. In the near future, a radiologist will surprise to see the capability of the machine. The researcher of Standford has developed a machine-learning algorithm to identify skin cancer. Tempus build the platform to help the physician in the clinic while they are treating patients to analyze data and make a real-time decision.
Finance and banking sector:
Machine learning has the ability to predict the share market movements. Machines are starting to take place of the human. AI (Artifical Intelligence) play a significant role in the investment decision. It learns patterns from the data and makes a forecast. In the near future, the majority of the decision are made by algorithmic trading using machine learning.
Weather Forecasting:
What happens if you know today’s weather. Many people lives are save from natural disasters if the weather forecast department knows about it early. It’s absolutely possible with the help of machine learning.
Recommendation Engine:
The product recommendation is one of the hottest features in every industry. The Flipkart, Amazon, Myntra, and many more e-commerce websites use a machine learning technique to recommend the best relevant product to their customers. It’s also very useful to customer to get the product easily. From your previous history, Netflix will recommend the movie which you may like. The Linked suggesting friends using a recommendation engine.
Real Estate :
Artificial Intelligence & machine learning can bring lots of benefits to seller, buyer, agents and real estate broker. It will predict the house price considering the features of the house as the number of bedrooms, total area in sq. feet, the nearby area, house type and many more features.
ChatBot :
A chatbot is a conversational robot, which allows communicating with customers via a chat interface. It’s like the messenger app. The main functionality of the chatbot is language understanding. It tries to understand the text which you have wrote and reply accordingly using machine learning. Machine Learning has a huge potential in text analysis and language understanding. Nowadays, Chatbot makes it dominate in every sector and make the customer happy every day. For example, It’s very easy to book a flight with the best deal using a chatbot application rather than searching for it on the website. You can also integrate chatbot application with your existing business to make it cool.
Speech Recognition:
Alexa, play classical music
Speech recognition is the translation of speech to text. It’s can build into the mobile phone, smartwatch, digital door lock, etc. You can call your best friend using speaking that “ Call a naksh ” without searching him on the contact list of your mobile. Speech recognition system can also be used as a security feature in your office door. Amazon Echo Dot is a perfect example of speech recognition. It allows you to order food, get today’s news or even help to buy vegetables by just speaking.
Face Recognition :
Welcome!
Face recognition is the technique to identify and verify people in an Image by their face. Facebook has build algorithm which tags your friend in your photographs using face recognition. It’s a very amazing technology. Face recognition used as security purpose in office. It opens the door if your face image is registered in the company profile.
Summary :
Machine Learning can do anything if you have sufficient meaningful data. Machine Learning algorithms will learn the pattern from your data and make a prediction. In the near future, AI will be implemented in every industry and will lead to productivity and better decision. The Matrimonial Shaddi.com sites use machine learning to find the perfect match. So, you can also integrate machine learning application in your existing business and take it to a new height.