Considerations when choosing a machine learning model

Contrary to what many believe, the machine learning model with the best performance is not necessarily the best solution. In Kaggle competitions, performance is all you need. In real-life situations, it's just another factor to consider. Let's start with the model's performance and revisit some of the other considerations to keep in mind when selecting a model to solve a problem. The quality of the model's results is a fundamental factor to take into account when choosing a model.