On an afternoon in early April, Tommi Jaakkola is pacing at the front of the vast auditorium that is 26-100. The chalkboards behind him are covered with equations. Jaakkola looks relaxed in a short-sleeved black shirt and jeans, and gestures to the board. "What is the answer here?" he asks the 500 MIT students before him. "If you answer, you get a chocolate. If nobody answers, I get one -- because I knew the answer and you didn't." The room erupts in laugher.
Machine Learning is an application of Artificial Intelligence that allows computers to learn without being explicitly programmed to do so. It's the product of established statistical theory and more recent developments in computing power. Combined, the Machine Learning algorithms offer businesses the opportunity to transform their operations and the services they provide.