We have progressed from the development
stage of artificial intelligence (AI) and machine learning (ML)
technology into widespread implementation across industries, says Chithrai Mani, VP of Digital Transformation for InfoVision, focused on digital transformation.
Photo: Forbes |
This
advanced technology is everywhere, but most people don’t know they
interact with it daily. From virtual personal assistants like Siri and
Alexa to the recommended shows that Netflix serves up based on viewing
habits, ML powers these tools we’ve become so accustomed to using — even
if we don't stop to think about how it happens.
What’s the difference between AI and ML?
AI is computer science that is focused on the capabilities of
machines to imitate intelligent human behavior. AI allows computers to
process large amounts of information and data and provide a
computer-generated conclusion. ML enables computers to learn — and also
learn how to learn. These advances are revolutionizing modern life and
business...What’s the difference between AI and ML?
As reported in MIT News, the big challenge we face with using machine learning to detect fraud is dealing with false positives. To help reduce the challenge of false positives, researchers at MIT's Laboratory for Information and Decisions Systems (LIDS) developed an approach that reduces false positives by 54%.
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Source: Forbes