We have always considered machines to be more reliable than humans in some areas, such as accounting. As long as the accountant gives the machine the correct rules and formulas, the machine can make budget calculations better than a human. The machine does not make mistakes. But it can’t be trusted to think like a human, can it?
Machine learning is a game changer. Rather than teaching the machine to perform tasks, we can simply feed it data to learn unattended. From this, facial recognition systems have been developed. The machine can sift through hundreds of thousands of images to discover patterns that can identify context, places, time of day and location. Even smartphones have the capability to recognize songs from the radio, and self-driving cars can ‘see’ their surroundings to make intelligent reactions.
Neural networks teach machines to think like humans… and better!
From birth, a human’s brain is a blank canvas for theories and experiences. Over time, a human develops a mapping system in which they can categorize experiences into networks and patterns. This is how machine learning can mimic the human brain. These neural networks work with pre-categorized items to later reshuffle and organize new information. Fast.
Machines give us automation
Big Data is not just a buzzword. Big Data gives medicine a chance to discover drugs which potentiate each other in a harmful way; connect long-term symptoms to fatal diseases and, accurately predict the success-rate of treatment. Big Data analysis can revolutionize social science. Imagine a world where you pay a personalized amount of taxes, which are optimized for your benefit – your healthcare, your local infrastructure and your children’s education.
Now imagine what Big Data can do for your business.