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Though its time horizon can't be predicted, artificial intelligence (AI) promises to foundationally influence modern society, for better or worse. A sub-genre of AI -- machine learning -- has garnered particular attention from the pundits for its potential impact on the world’s most important industries.
Due to the resulting hype, massive amounts of talent and resources are entering this space.
But what is machine learning and why should we care about it in the first place? The answer is that, in the broadest sense, machine learning models are an application of AI in which algorithms independently predict outcomes. In other words, these models can process large data sets, extract insights and make accurate predictions without the need for much human intervention.
Numerous value-generating implications result from the accelerated development of this technology, and many are poised to radically streamline the business world. Here are five of the most innovative use cases for machine learning. They'll be coming into your life -- at least your business life -- sooner than you think.
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Source: Entrepreneur
