Machine Learning is now begin used with many technologies from Netflix recommendation algorithms to the self-driving cars in tesla.
Machine Learning is an application of artificial intelligence. It allows software applications to become accurate in predicting outcomes. It focuses on the development of computer programs. Its main aim is to allow computers to learn on their own automatically without human intervention. As Google says " Machine Learning is the future”, therefore the future of machine learning is going to be very bright.
As humans become more addicted to machines, we’re witness to a new revolution that’s taking over the world and that is going to be the future of Machine Learning.
Organizations are finding it more profitable and seeing more opportunities to grow their business by identifying the precise models to avoid any type of risks. In machine learning, it uses the algorithm to build the model by helping organizations to bridge the gap between their products and users with better decisions and least human intervention. Most industries with enormous volumes of data have recognized the value of Machine Learning.
Automated Machine Learning is also known as AutoML is an automated process of applying machine learning algorithms to complete real-life tasks. It makes the process easy so that any person or business can apply complex machine learning models and techniques without being an expert in machine learning.
It makes it easy and wider for the audience to use ML which indicates its potential to change the technology landscape. A Data Scientist is using AutoML for their benefit, for instance, to quickly find the algorithms they can use or whether any algorithms have been missed.
Healthcare and Pharma
The healthcare industry has massive amounts of data. Applying machine learning techniques can greatly contribute to better predictions and treatments.
ML tools can be used for various manufacturing purposes, including monitoring equipment performance and condition, predicting product quality and forecasting energy consumption. And we can also expect more robots in manufacturing premises soon. The use of ML in manufacturing can reduce the cost enhance quality control and improve supply chain management.
It can be a competitive advantage to any company be it a top MNC or a startup as things that are currently being done manually will be done tomorrow by machines. Its revolution will stay with us for long and so will be the future of Machine Learning.