Have you ever bought something on Amazon from the “Things you’d like” section or have you ever watched a video recommended by YouTube? On both websites, products and videos are recommended to you based on a machine learning algorithm.
Today, many businesses use machine learning to do things like analyze financial risk and find potential customers. But will there come a time when artificial intelligence overtakes human intelligence?
For starters, machine learning is a type of artificial intelligence (AI), though AI is not necessarily machine learning. Machine learning is more specific, encompassing the use of algorithms to allow machines to make increasingly better decisions as they gain more experience and data.
Even though machine learning is still in its early stages, it is still useful for many businesses when it comes to financial analytics, targeted advertising, and social networking. Video game developer Valve has even started using a machine learning algorithm to catch cheaters in their game Counter Strike Global Offensive.
Should we be worried about machine learning? While robots may not take over your lives, they could take your job. It is estimated that 38 percent of jobs could be replaced by AI by 2030, with machines taking over jobs like finance, customer service, and manufacturing.
Though machine learning will inevitably displace some fields, there will be new jobs available thanks to advanced technology. achine To learn about the jobs of the future, check out our post here.5.5k