Future Of Machine Learning In India

Introduction

Machine Learning (ML) or Artificial Intelligence (AI), are similar to each other and one of the most trending topic in very short period of time. Internet is one of the game changers of the time, similarly AI and ML are expected to do the same. It will change everything like the way we shop, communicate, travel and business.

what is Artificial Intelligence and Machine Learning?

AI is of a problem-solving process, which enables the software to perform tasks without any specific program. AI includes Neural NetworksandDeep Learning concepts, a way through which machines can perform tasks like a human. ML is an application of AI which to put it simply, help the machine to access data and learn to do tasks by the use of algorithms, and also allow the system to find insights, and at times fix abnormality, without any external human intervention.

AI and ML concepts came almost 10 years back but they are famous recently. we all know Data is important as it offers that many referring points. Machine Learning has already been adopted by the Retail and Transportation (read Airline specifically) and business-related industries.

India has also understood the power of AI and ML,the learning switch is already triggered, many people are looking at ML and AI as new career opportunities rather than the traditional roles in IT. Many organizations have also realized the power of data, they are just like the gold, so the cloud computing is getting the power from the existing data, and ML is creating an impact on decision making by proving the intelligence. According to a recent report, AI has the potential to add close almost to $957 Billion for the Indian economy by changing the style of work and creating better outcomes for business and society.

India will need to develop a vision, which in the long run and have an action plan to collaborate with the ecosystem and manage technical and ethical questions. Increased spending on AI will benefit in technology, and of course, the big businesses will also play a major role in the unlocking the economic value of AI.