Capitalizing on machine learning—from life sciences to financial services
The promise of machine learning has a science fiction flavor to it: computer programs that learn from their experiences and get better and better at what they do. So is machine learning fact or fiction? The global marketplace answers this question emphatically: Machine learning is not just real; it is a booming field of technology that is being applied in countless artificial intelligence (AI) applications, ranging from crop monitoring and drug development to fraud detection and autonomous vehicles. Collectively, the global AI market is expected to be worth more than $16 billion by 2022, according to the research firm MarketsandMarkets.[1] In the life sciences arena, researchers are leveraging machine learning in their work to drive groundbreaking discoveries that may help improve the health and wellbeing of people. This research is…
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