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10 Most Useful Python Open Source Libraries: Advantages & Drawbacks

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Python is a powerful and popular programming language that is widely used in a variety of contexts, from web development and data analysis to scientific computing and artificial intelligence. One of the things that makes Python so powerful and flexible is the abundance of open source libraries and frameworks that are available for use. In this article, we will take a look at ten of the most useful Python open source libraries, highlighting their key features and discussing the advantages and drawbacks of using each one. Whether you are a seasoned Python developer or just starting out, we hope that this overview will provide you with some valuable insights and help you decide which libraries are the best fit for your needs. So without further ado, let's dive in!


What is Data Annotation and What are its Advantages?

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AI and machine learning is one the fastest growing technology brining unbelievable innovations providing the advantages to different fields globally. And to create such automated applications or machines, huge amount of training data sets is required. And to create such data sets, image annotation technique is used to make the objects recognizable to computer vision for machine learning. And this annotation process is benefiting not only the AI filed but also providing advantages to other stakeholders. Here we will discuss about the advantages of data annotation in various fields.


Escaping Arrow's Theorem: The Advantage-Standard Model

Holliday, Wesley H., Kelley, Mikayla

arXiv.org Artificial Intelligence

There is an extensive literature in social choice theory studying the consequences of weakening the assumptions of Arrow's Impossibility Theorem. Much of this literature suggests that there is no escape from Arrow-style impossibility theorems, while remaining in an ordinal preference setting, unless one drastically violates the Independence of Irrelevant Alternatives (IIA). In this paper, we present a more positive outlook. We propose a model of comparing candidates in elections, which we call the Advantage-Standard (AS) model. The requirement that a collective choice rule (CCR) be rationalizable by the AS model is in the spirit of but weaker than IIA; yet it is stronger than what is known in the literature as weak IIA (two profiles alike on $x, y$ cannot have opposite strict social preferences on $x$ and $y$). In addition to motivating violations of IIA, the AS model makes intelligible violations of another Arrovian assumption: the negative transitivity of the strict social preference relation $P$. While previous literature shows that only weakening IIA to weak IIA or only weakening negative transitivity of $P$ to acyclicity still leads to impossibility theorems, we show that jointly weakening IIA to AS rationalizability and weakening negative transitivity of $P$ leads to no such impossibility theorems. Indeed, we show that several appealing CCRs are AS rationalizable, including even transitive CCRs.


Artificial Intelligence: Its Advantages in Digital Marketing

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Artificial intelligence is all about making intelligent machines that can carry out cognitive activities. Once those machines have access to enough data to recognize patterns and trends, their capacity to think like humans will continue to advance. Moreover, artificial intelligence, data, and analytics play a significant role in digital marketing. As a result, any online endeavor must be able to extract the proper insights from data to succeed. Therefore, it makes sense to assume that AI will be essential to digital marketing. This is especially true given the enormous growth in data and its sources that digital marketers need to learn more about.


Advantages of Implementing Artificial Intelligence (AI) in Business

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Artificial Intelligence based innovations, machine learning, and big data are quickly turning into a fundamental piece of our day-to-day routines. This is as of now not the future, yet a reality that has proactively shown up. In spite of the fact that people might have mixed feelings about AI, it's difficult to deny that it opens up great opportunities for us. This is particularly obvious in economic terms, where this field is fascinating for both government organizations and private businesses. Today, in this blog, we will mention the top benefits of implementing AI in business. These are probably the most important advantages for Artificial Intelligence, which can have a great influence on business.


Advantage Of Machine Learning In Ecommerce

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Ecommerce (electronic commerce) refers to all online activity that involves the buying and selling of products and services. In other words, ecommerce is a process for conducting transactions online. While there are many reasons to start an ecommerce business, there are some amazing benefits you can expect once you get your business off the ground. Ecommerce provides the best in convenience and accessibility. Customers can find exactly what they need, at any time, directly from their desktop or mobile device.


Advantages of Deploying Machine Learning models with Kubernetes

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A Machine Learning Data scientist works hard to build a model. The model helps to solve a business problem. However, when it comes to deploying the model, there are challenges like how to scale the model, how the model can interact with different services within or outside the application, how to achieve repetitive operations, etc. To overcome this problem, Kubernetes is the best fit. In this blog, I will help you understand the basics of Kubernetes, its benefits for the deployment of Machine Learning (ML) models, and how to actually do the deployment using the Azure Kubernetes service.


TechFunnel

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What is Burn Rate and Why Businesses Need to Track it? What is ARR (Annual Recurring Revenue)? Can AI be the future of Financial Crime? What Is Ad Hoc Analysis? What Is a Bare Metal Hypervisor?


Advantages of Artificial Intelligence in Enterprise Contract Review and Analysis

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Contract intelligence is becoming the foundation of effective contract analysis and contract management. The Natural Language Understanding approach to contract intelligence based on semantics provides deeper language understanding which enables new levels of review, abstraction and analysis, while freeing legal staff to provide more timely and strategic legal advice.


www.techontheedge.com

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