Top Trends in Machine Learning for 2018

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Machine learning is the buzz of the tech generation. It’s the technology behind most of our favorite apps – Google Maps, Siri, even Tinder!

So what is it exactly? Machine Learning enables computers to work without being programmed explicitly. Over the years, machine learning has made the impossible possible in the form of self-driving cars, practical speech recognition software, credit card purchase fraud detection, and more.

It’s a science that’s not too new – but one that has gained fresh momentum. Let’s take a quick look at some the latest Machine Learning trends that have picked up over the last year.

Healthcare Sector

In the healthcare sector, everything is a matter of life and death. So it’s no surprise that technology is being adapted in numerous ways to aid revolutionary advancements in this field of work.

  1. Technology is increasingly being utilised to analyze patients’ history across all their records to understand the mechanism of a disease – thereby helping doctors shift their practice from reactive to proactive.
  2. More intelligent prosthesis have been developed which present both doctors and patients with a whole lot of opportunity. Some amazing breakthroughs in this sector include prostheses that are able to distinguish images, light, pressure, etc.
  3. With the growth of AI and robots, there has been a huge scope for automated robot assistants. From virtual nurses in smartphones that can recognize warning signs and notifications for help, to real robots that monitor patients and alarm doctors, the options are only growing.
  4. Machine learning is slowly changing the world of clinical decision making as well. Google has developed an algorithm to help identify cancerous tumors on mammograms, and Stanford is using a deep learning algorithm to identify skin cancer. These are just the beginning!

Financial Sector

When it comes to the finance industry, there is a huge amount of routine tasks and processes that need to take place at a base-level. It’s no secret that Machine Learning and AI are great to carry out these tasks with heightened accuracy to help companies save money and increase efficiency. AI helps reduce the chance of error and can use past data to build out predictive models to help prevent fraud, reduce risk, estimate development, and more.

Email Spam and Malware Filtering

We all are eternally grateful from automatic spam filters. But how do we make sure those filters stay up-to-date? Machine Learning. Spammers are constantly adapting new tricks to bypass rule-based spam filters. Machine Learning powers the latest spam filtering techniques like Multi Layer Perceptron, C 5.0 Decision Tree Classification. Similarly, the latest system security programs use machine learning to understand the coding patterns behind malwares. These are able to easily detect new malware even with only 2–10% variation and offer protection against them.

Personal Assistants & Improved Customer Satisfaction

Siri & Alexa are on their way to becoming our best friends. But it doesn’t stop there! Technology is getting even more personal! Chatbots are becoming increasingly popular and getting more complex and intelligent. Google’s introduction of Google Assistant and the ‘Smart Compose’ feature in Gmail, are some amazing showcases of Google’s machine learning and artificial intelligence in action. Data analysis helps these systems learn everything about customer behavior, its patterns, and personal preferences – in turn helping the assistant offer better service.

Social Media Services

Social media is completely customer-centric, and Machine Learning plays a huge role in personalizing these services. Platforms like Facebook use Machine Learning to power most of their features – personalizing your newsfeeds, better targeting your ads, suggesting people you may know, or recommending photo tags through facial recognition.

Rise of Robotics

As mentioned above, robotics will be on the rise – especially in the manufacturing industry. Intelligent drones will aid heavy processes and help make life simpler. Though many people are concerned that robots will take over all the jobs, there will always be a need for people to aid, monitor and construct these robots. So it’s probably a great place to start investing your time in!

With the rapid advancements in technology, the applications of Machine Learning are only going to increase. It is the perfect time for you to start investing in this area of study, so you can be ready to join this data revolution!

What are some of your favourite Machine Learning trends? Comment below and let us know!

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