[Mckinsey] BigDataFr recommends: An executive’s guide to machine learning #machine learning

BigDataFr recommends: An executive’s guide to machine learning

Machine learning is based on algorithms that can learn from data without relying on rules-based programming. It came into its own as a scientific discipline in the late 1990s as steady advances in digitization and cheap computing power enabled data scientists to stop building finished models and instead train computers to do so. The unmanageable volume and complexity of the big data that the world is now swimming in have increased the potential of machine learning—and the need for it.

In 2007 Fei-Fei Li, the head of Stanford’s Artificial Intelligence Lab, gave up trying to program computers to recognize objects and began labeling the millions of raw images that a child might encounter by age three and feeding them to computers. […]

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By Dorian Pyle and Cristina San Jose
Source: mckinsey.com

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