Machine Learning is the subset of AI that enables Machines with the help of algorithms to solve problems automatically by making intelligent decisions with less or no human intervention.
It has been used in a variety of industries like E-Commerce, Healthcare, Manufacturing, Retail, and much more.
AI will create 53 million new jobs by 2022 and the average salary of a fresher in this field is 8-15 Lakhs per annum.
According to a Forbes report.
Many students are excited to learn Machine learning so in this article we will get to know about the top trends in ML.
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The whole world has been hit because of the coronavirus attack. Machine learning has been used to fight this situation by predicting the virus outbreak and identifying high-risk patients to save people’s lives.
Companies like Blue Dot and Hyperloop use ML algorithms to detect disease outbreaks and stop them from becoming a pandemic. These algorithms are also used by Businesses to plan marketing activities, Expand, and survive in the market during this situation.
Companies like Manta Labs are providing AI-driven crop monitoring systems to optimize Agricultural business and reduce the dependencies on Human resources.
Clevy.io a French-based startup is helping people to get to know about the official communication by the Government using AI and ML.
In the beginning, ML was used only to track the Corona Virus spread but now it has been used to find out vulnerabilities. This will help Medical organizations find the drug to cure the disease with a Sufficient amount of data being available.
AWS has launched the cord19.aws where you can find the relevant datasets for COVID-19 research.
Voice assistants are the bots with which we can give input as voice or text. And it will process our input and perform the task given by us. It can reply to us through voice/text output.
Nowadays on many websites, Chatbots, Video bots, and voice bots are acting as a new way of interacting with customers and increasing customer engagement at a low cost.
Chatbots that are made with Cognitive conversational AI technology are smarter to understand human dialogues and reply accordingly. This technology has been developed drastically with lots of advancements in its applications ranging from Customer engagement to automation.
The most Popular Examples of Voice assistants are Siri (Apple), Alexa (Amazon), Google Assistant, and Cortona (Microsoft).
There are a lot of applications of AI in the real world.
GANs are generative models that are used to represent the existing data but are new and different.
Recently their popular application has been to generate new images from existing ones (Masterpiece). They have been used to generate new variants of faces from the top celebrities’ images.
They are used in applications like Contemporary AI (aiartist.org) art and Gravitational lensing. As a result, they are shaping up the artistic world where computers can produce awesome artworks similar to humans. Using AI in the right way is benefiting humans.
GANs also have led to a lot of malicious and illegal activities like Deep fakes where a non-existing or existing face can be generated and can be used for unwanted activities which is a security threat to the country.
It is one of the most popular machine-learning trends.
Every organization deals with a lot of data and they want to secure them from malicious and Cyber attacks. So for this purpose to monitor the server status and data transactions machine learning algorithms are used to detect threats and report them.
Cybersecurity is in high demand. Companies use tools like SIEMs and other tools to safeguard their organizations. And with ML it becomes easy for them to be alert or get prepared by identifying the upcoming threats by analyzing existing data of previous attacks. As a result, it acts as an extra layer powering up the security of the organization from attacks by a hacker.
Nowadays so most companies are looking for ML-based solutions for their cybersecurity needs.
Due to the increase in the number of smart devices, this technology has a huge growth as it is expanding its application in different fields all over the world.
So in most of IoT applications like smart home automation or Industry automation lots of devices are used as a result there are chances of lots of errors. With Machine learning algorithms errors are automatically detected and fixed or reported to the concerned person so the maintenance of this complex application becomes much easier by making it faster at a low cost.
Deep learning solutions are also used in connected cars to identify vulnerabilities and alert the user.
So many companies are using ML and IoT technology to improve people’s lives by enabling intelligent healthcare solutions and advancement in agricultural technology.
Many organizations have been adopting ML solutions to survive in the long run and to make correct business decisions from the ample amount of data available to them.
ML is more efficient and accurate compared to the traditional method in analyzing the business or the competition and making a decision in launching a new product or adding a new feature. As a result, it helps you to shape your business in such a way that it satisfies the needs of your target audience.
Some of the common applications include making marketing decisions from the dashboards generated with data analysis algorithms.
Computer vision is mainly used for object detection where a source can identify the target object.
It plays a major role in surveillance systems to identify threats or a particular object. This had been used by the Crime Branch to identify criminals.
CCTV camera with computer vision gives a more advanced feature of real-time monitoring and detection of the target object and easily get the information.
In Japan, in 2018 they announced that they will be using object detection to identify the athletes.
There are a lot of Opensource models like darknet, OpenNN, Tensorflow, etc that are easier to implement and highly efficient in implementing computer vision applications.
Some of the commonly used libraries in the CV are OpenCV, Simple CV, Scikit-Image, PyTorchCV, and fast AI.
AR is a technology that plays a major role in a lot of industries like eCommerce, Gaming, Edutech, and much more, and it is implemented with the help of AI.
Augmented reality is the future of AI as it is going to improve the Customer Experience to the next level i.e. Bridging the gap between the physical world and the virtual world.
Combining AR and AI to enhance the Mobile experience and many companies are using coreML, ARKit to create Augmented reality applications.
The most popular example of AR in mobile apps and gaming is Pokemon GO. Companies that are currently focusing on AR products are Scapic, Jio Tesseract, Google and Adobe.
Virtual search is a future application of Extended reality which will create a huge impact on how people search for things.
It is the branch of AI where we process the data using machine learning algorithms and predict the outcomes with various data points in the training data.
The applications of predictive analysis are immense as we can mostly predict anything with the correct amount of good quality training data.
There is a huge amount of data generated today.
Over 2.5 quintillion bytes of data are created every single day which is multiple times higher than the data generated in the previous years.
So this huge amount has been utilized for getting outcomes like weather forecasts and calamity costs based on previous events.
Data is cleaned and Transformed with several data science processes and tools before it is used in the Model.
The other applications include Stock prediction, disease prediction, Financial analysis, Spam, and fraud detection.
Some of the companies that are expensively using predictive analysis include Google, American Express, Paypal, and many more.
AI comes with pros and cons. It depends on how we use it.
There are many types of research going on to tackle the limitations of machine learning in the healthcare and medicare industry such as time taken in diagnosis and identifying the diseases.
AI helps in detecting deadly diseases like cancer in its early stages and saves the lives of people by adopting prevention measures.
Advanced conversational bots are used in healthcare to help patients to guide them in case of any common diseases in the absence of the doctor.
One of the major uses of ML is in Genomics and Genetics.
Many medical chatbots are helping patients to recover from mental illness and psychological effects.
Some of the Open Source data available are
This is my thought about recent year’s machine learning trends. You can learn more about ML from the more informative articles available at CSEstack.