Applications of machine learning: (New capability to computers)
- Database mining (process of discovering interesting patterns in large amounts of data)
Ex: Web click data, medical records data, biology, engineering data
Ex: Autonomous driving, hand written recognition, natural language processing(NLP), computer vision.
- Self-customizing programs
Ex: Amazon, flipkart, Netflix movie recommendations, product recommendations
- Understanding human learning (mimic human brain)
- Virtual personal assistants (chat bots)
- Online fraud detection
- spam filters
- Medical diagnosis
- Trading strategies
- supply chain management
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