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Future Of Machine Learning

By Arkaprabha Gosh
21th April 2021
Future of AI, AI projections for the future - Smartknower

Machine learning (ML) is the study of computer algorithms that develop over time due to experience and data. It is considered to be a component of artificial intelligence.

Machine learning algorithms create a model based on sample data, referred to as "training data," to make predictions without being specifically programmed.

Machine learning algorithms are used in a broad range of applications, including medicine, email filtering, and computer vision. Developing traditional algorithms to perform the required tasks is difficult or impossible.

Future of AI, AI projections for the future - Smartknower

Let's take a look at what Machine Learning could look like in the future.

1. Computer Vision

In computer vision today, the error rate in humans is just 3%, which means that computers are now better than humans at identifying and processing pictures. What an incredible achievement!

Is it possible for you to identify 10,000 pictures of cats into their respective species if I send you 10,000 pictures of cats? You can, but you'll need to be a cat expert, and it'll take you days to complete.

This, on the other hand, takes just a few minutes on a computer (with a GPU). An ML model that uses computer vision to diagnose would be instrumental in third-world countries and remote villages where doctors are scarce.

2. Quantum Computing

As quantum computers are combined with machine learning, data processing speeds up. This will help improve the ability to analyze and extract useful information from a dataset. This improved performance enables companies to produce fantastic results that would have been impossible to achieve using traditional machine learning techniques

Companies are now attempting to harness quantum computing's strength to develop more powerful techniques. Microsoft and Google have also stated that they would use the technology soon. With quantum computing's widespread acceptance, it's not unreasonable to think of it as one of the significant applications determining the future of machine learning.

Future of AI, AI projections for the future - Smartknower

3. Unsupervised Algorithms

For interpreting the data, Machine Learning employs unsupervised algorithms. When only input data is available and no corresponding output variables, Machine Learning makes predictions from the datasets using these.

Supervised algorithms, on the other hand, function in a different way. In supervised learning, the performance of a given algorithm is already known. Unsupervised algorithms are used in AI.

When algorithms are left to operate on their own, they discover and recognise interesting hidden patterns or groupings within a dataset that would not have been discovered if supervised algorithms were used. Unsupervised machine learning algorithms will continue to advance in the coming years as the language develops.

4. Mobile Applications

Machine Learning has become the talk of the town these days, thanks to its alluring advantages in creating mobile apps.

Machine learning aims to enhance the overall user experience by making mobile platforms easier to use. Many large corporations favour the use of AI in app creation.

Machine Learning will help you improve the security of your mobile app by streamlining app authentication. This makes your app more secure and stable. Customers may authenticate using their biometric data, such as their face or fingerprint, using video, audio, and voice recognition.

Making the decision to use Machine Learning to revamp your mobile app and make it more stable is a wise one. Customers can use ultra-secure, selfie-style face authentication to log in to other websites and applications. ML not only allows users to log in quickly and securely, but it also assists in the detection of suspicious activity. Unidentified malware attacks can be easily tracked using machine learning algorithms.

Future of AI, AI projections for the future - Smartknower

5. Enhanced Personalization

Customers' patterns and actions are read by ML algorithms, which then draw relevant conclusions about people's interests. Machine Learning methods are used by businesses to learn about a person's browsing experience on an online shopping website.

Companies use this information to deliver product reviews to their targeted prospects, such as customised emails and tweets. Consumers' preferences and dislikes can be better understood using machine learning methods, which keeps them interested in your services and goods. As a result, 82 percent of marketing executives are using AI and machine learning to enhance all aspects of their personalization strategies.

You will boost customer satisfaction by giving the customers what they want when they want it, which is what any company wants. Machine Learning's future clearly lies in improved personalization that ML techniques.

6. Advanced Search

Machine Learning solutions aid in the optimization of website search and the delivery of improved results, making browsing more intuitive and less taxing for the customers. Machine learning algorithms, which are focused on customer requests, show refined results that are most relevant to a specific individual.

Another significant benefit of using Machine Learning in the creation of websites is that it makes use of Cognitive Technology. It organises blogs, do-it-yourself videos, FAQs, papers, and scripts into an information graph that enables smarter self-service and faster responses.

Machine Learning is used by Reddit, an official website that optimises the quest. The website makes it simple to locate topics of your choosing based on consumer search history, providing customers with a better search platform.

7. Cognitive Services

With the widespread use of cognitive resources across major business verticals, the future of machine learning will undoubtedly be shaped in the coming days.

Cognitive services, which are trained on specific trends, allow developers to incorporate intelligent capabilities into their applications. Machine Learning allows programmers to incorporate cognitive features such as visual recognition, voice detection, and speech comprehension into their applications.

As this advanced technology advances, I am certain that highly intelligent systems using cognitive services can determine the future of machine learning applications around the world.

Future of AI, AI projections for the future - Smartknower

8. Usage of Robots

To complete tasks, robots use machine learning algorithms. Since robots complete tasks more quickly, companies all over the world are implementing robotic techniques to boost productivity.

The future of Machine Learning in the tech industry will be driven by the increased adoption of Robots by companies. According to a study published by Market Research Engine, the global service robotics market is projected to hit nearly $24 billion by 2022. The market is expected to rise at a compound annual growth rate (CAGR) of over 15% in the coming years. We should expect more intelligent robots to carry out business operations as the area of Machine Learning continues to advance.

Internet drones are quickly becoming important business tools. They've already made it to the consumer market, and now they're being used in commercial applications, generating a market gap that Goldman Sachs believes is too big to pass up.

9. NLP

Language models are algorithms that assist machines in comprehending text and performing tasks such as translating it. Computers can now comprehend paragraphs of text at a far higher degree than they did previously. Even if they don't have the capacity to read an entire book and comprehend it in the same way as humans do, the ability to comprehend a few paragraphs of text is important for stuff like enhancing the Google search system.

The new Natural Language Processing (NLP) model revealed by Google has been implemented in Google's search ranking algorithms, which has improved the search results for a variety of previously difficult queries. To put it another way, the search system can now better understand the various types of searches that users conduct and assist in providing better and more precise answers.

Conclusion

"Machine intelligence is the last invention that humanity will ever need to make" - Nick Bostrom

Building machine learning products will be more enjoyable in the future, and these systems will perform better. ML tools will become more automated, data scientists and ML engineers will spend more time constructing great models and less time on the repetitive yet essential tasks that come with running production ML systems.

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