In recent years, There’s hype in the investments in the field of machine learning and AI. Students and every individual from every domain of STEM are putting efforts to learn about machine learning concepts to apply in his/her research or real-time problems. what’s driving us crazy about Artificial Intelligence.
below we’ve listed some of the reasons behind the trend of Machine Learning and Deep Learning in today’s life:
2+ computation 💻 power in one touch:
Due to the advancement in computer hardware technology and also due to easy cloud computing services, computers with high computation capability can be accessed in one click and in cheaper ways. This made possible to run complex Machine Learning and Deep Learning Algorithm easily. some of the examples are Google Cloud service, AWS, Google Collaboratory, etc
Data is New Oil 🛢
Data is new crude oil in the recent market. Government and some non-government organization producing a massive amount of data made publically available to users via kaggle, twitter sentimental analysis data, etc. here’s the link for you to different websites for datasets – click here
Internet Resources 📚
there are a lot of videos over youtube and some video lectures that teach AI courses in most efficient way which also inspires to learn about AI. some recommended courses are deeplearning.ai course, Andrew Ng course’s over coursera, etc
IoT (Internet of Things) 🤖
With amazing advancement in IoT in recent years, every organization wants to automate their production processes. People want to automate their home and living. through IoT plethora amount of data is being generated that can be used to find some pattern.
To provide Better customer service
Through AI and Machine Learning, the user experience is enhanced by analyzing feedbacks and ML technocrats can attract more crowd through their prediction model. some of the examples are: Netflix’s recommendation engine, Amazon’s recommendation engine, Alexa, etc
Ease in research and disease diagnosis
In recent news, A deep learning model is used in the diagnosis of lung cancer with 97% accuracy. click here for more info. So, AI is also giving hope in Medical Research and diagnosis field and is becoming an emerging trend in the medical industry.
AI in Finance and Business
Tech Giants and various companies are hiring Data analysts, business analysts to analyse various financial data records and hiring Machine learning Engineer to create prediction or recommendation model for their system, Due to this there are lost of opening for jobs in the domain of data science and AI