Five Myths About Machine Learning You Need To Know Today 7wData

Ask most people outside academia or Silicon Valley what comes to mind when they hear the term "machine learning" and you're likely to get a response that involves a movie like "The Matrix" or "Ex Machina." You're less likely to hear how it's a great tool for fraud detection or supply chain optimization, and that's too bad. Machine learning has a tremendous range of business applications, from optimizing data centers to predicting fine wine price changes to retail market basket analysis. With that in mind, I hope to cut through the science fiction clutter and misconceptions so you can consider how machine learning relates to your business. Many have heard about Andrew Ng's popular graduate level machine learning course at Stanford, now available on Coursera.