Artificial Intelligence & Machine Learning and why it matters.

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text-[18px] font-bold text-color-text overflow-hidden "> Tacpoint, Inc. </h3> <h4 class="base-main-card__subtitle body-text text-color-text overflow-hidden "> We solve business problems for remarkable brands. Taking ideas to results. Through design and technology. </h4>  <div class="body-text text-color-text-low-emphasis base-main-card__metadata"> Published Feb 1, 2024 </div>  </div> <div class="base-main-card__ctas z-[3] self-center ml-3 babybear:ml-1 babybear:self-start"> <a class="base-main-card__cta btn-sm btn-secondary" href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fpulse%2Fartificial-intelligence-machine-learning-why-matters-tacpoint-xrwkc%3Ftrk%3Darticle-ssr-frontend-pulse&trk=article-ssr-frontend-pulse_publisher-author-card" data-tracking-control-name="article-ssr-frontend-pulse_publisher-author-card" data-tracking-will-navigate> + Follow </a> </div> </div> </div> </section> </header> <div data-test-id="article-content-blocks">  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>As businesses and other organizations undergo digital transformation, they’re faced with a growing tsunami of data that is at once incredibly valuable and increasingly burdensome to collect, process and analyze. New tools and methodologies are needed to manage the vast quantity of data being collected, to mine it for insights and to act on those insights when they’re discovered.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Getting to know AI/ML and why it matters for bussiness?</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Artificial intelligence (AI) is a branch of computer science that deals with the creation of intelligent agents, which are systems that can reason, learn, and act autonomously. AI research has been highly successful in developing effective techniques for solving a wide range of problems, from game playing to medical diagnosis.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Machine learning (ML) is a subfield of AI that focuses on the development of algorithms that can learn from data. ML algorithms can be used to make predictions, identify patterns, and make decisions without being explicitly programmed. ML has become an essential tool for many industries, including finance, healthcare, and manufacturing.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Some of the key differences between AI and ML are:</span> </p> </div> <div class="inline-articles bg-color-surface-new border-hidden rounded-sm p-1 mx-auto my-1.5 mamabear:w-2/3 inline-articles__after"> <h2 class="text-xl font-medium ml-1.5 my-1 text-color-text mamabear:text-center">Recommended by LinkedIn</h2> <div class="flex flex-wrap mx-0.5 babybear:mx-1.5"> <div class="content-author-card flex flex-col max-w-[270px] h-auto rounded-md border-1 border-system-gray-30 border-solid pb-1.5 inline-article mx-auto my-1 border-hidden papabear:w-[219px] babybear:min-w-full mamabear:min-w-full h-auto bg-color-canvas-tint"> <a class="no-underline" data-tracking-control-name="inline-recommended-articles" data-tracking-will-navigate href="https://www.linkedin.com/pulse/ais-reasoning-skills-more-capable-than-once-auwre"> <img class="content-image w-full h-[150px] bg-cover rounded-t-md object-cover" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQG-86tg2YI1Fg/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1715691882946?e=2147483647&v=beta&t=tsOZ3ssOutqB4ALVLYVCDo75A_Lvncr4XSAWsbefigg"> <div class="inline-article-title text-md text-color-text font-bold pl-2 pt-1 pr-1.5">Are AI’s Reasoning Skills More Capable Than Once…</div> <div class="inline-article-meta px-2 mt-1 font-sans text-xs font-normal text-color-text-low-emphasis h-full"> <span class="inline-article-author pt-0.5"> ARK Investment Management LLC </span> <span class="before:middot pt-0.5 inline-article-published-date"> 6 months ago </span> </div> </a>  </div> <div class="content-author-card flex flex-col max-w-[270px] h-auto rounded-md border-1 border-system-gray-30 border-solid pb-1.5 inline-article mx-auto my-1 border-hidden papabear:w-[219px] babybear:min-w-full mamabear:min-w-full h-auto bg-color-canvas-tint"> <a class="no-underline" data-tracking-control-name="inline-recommended-articles" data-tracking-will-navigate href="https://www.linkedin.com/pulse/future-artificial-intelligence-machine-learning-tech-industry-vj03f"> <img class="content-image w-full h-[150px] bg-cover rounded-t-md object-cover" data-delayed-url="https://media.licdn.com/dms/image/v2/D4D12AQHYIeoTKqrC4g/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1727814107852?e=2147483647&v=beta&t=96LbGRWACCkPD2KHNYokViLKj-I-_ui5X5EQd_o5upg"> <div class="inline-article-title text-md text-color-text font-bold pl-2 pt-1 pr-1.5">The Future of Artificial Intelligence and Machine…</div> <div class="inline-article-meta px-2 mt-1 font-sans text-xs font-normal text-color-text-low-emphasis h-full"> <span class="inline-article-author pt-0.5"> Tekvaly </span> <span class="before:middot pt-0.5 inline-article-published-date"> 1 month ago </span> </div> </a>  </div> <div class="content-author-card flex flex-col max-w-[270px] h-auto rounded-md border-1 border-system-gray-30 border-solid pb-1.5 inline-article mx-auto my-1 border-hidden papabear:w-[219px] babybear:min-w-full mamabear:min-w-full h-auto bg-color-canvas-tint"> <a class="no-underline" data-tracking-control-name="inline-recommended-articles" data-tracking-will-navigate href="https://www.linkedin.com/pulse/advanced-prompting-techniques-sanjay-kumar-mba-ms-phd-g8eic"> <img class="content-image w-full h-[150px] bg-cover rounded-t-md object-cover" data-delayed-url="https://media.licdn.com/dms/image/v2/D5612AQHDoFrdwuM7KA/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1710299923468?e=2147483647&v=beta&t=YLwEymkzg-x1pyxPJ6J6eflEiQD-MuNKsTTI3Sqk9T0"> <div class="inline-article-title text-md text-color-text font-bold pl-2 pt-1 pr-1.5">Advanced Prompt Engineering Techniques</div> <div class="inline-article-meta px-2 mt-1 font-sans text-xs font-normal text-color-text-low-emphasis h-full"> <span class="inline-article-author pt-0.5"> Sanjay Kumar MBA,MS,PhD </span> <span class="before:middot pt-0.5 inline-article-published-date"> 8 months ago </span> </div> </a>  </div> </div> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> <ul> <li><span class="font-[700]">Scope: AI is a broader field that encompasses ML, as well as other techniques such as expert systems and natural language processing.</span></li> <li><span class="font-[700]">Learning method: AI systems can be programmed with explicit rules, while ML systems learn from data.</span></li> <li><span class="font-[700]">Adaptability: AI systems are typically less adaptable than ML systems, as they are more reliant on pre-programmed rules.</span></li> </ul> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Here are some examples of how AI and ML are being used today:</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> <ul> <li><span class="font-[700]">Self-driving cars: AI and ML are being used to develop self-driving cars that can navigate roads and avoid obstacles without human input.</span></li> <li><span class="font-[700]">Fraud detection: AI and ML are being used to detect fraudulent activity in credit card transactions and other financial data.</span></li> <li><span class="font-[700]">Medical diagnosis: AI and ML are being used to develop algorithms that can help doctors diagnose diseases more accurately.</span></li> <li><span class="font-[700]">Recommendation systems: AI and ML are being used to develop recommendation systems that suggest products or services that users are likely to be interested in.</span></li> </ul> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The difference between machine learning and AI is that machine learning represents one of – but not the only – precursors to creating a narrow AI. Specifically, machine learning is the best and fastest way to create a narrow AI model for the purpose of categorizing data, detecting fraud, recognizing images, or making predictions about the future.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The future of AI and ML is full of potential. 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lang="da_DK"> Dansk (Danish) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="Deutsch (German)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link !font-regular" data-tracking-control-name="language-selector-de_DE" data-locale="de_DE" role="menuitem" lang="de_DE"> Deutsch (German) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="Ελληνικά (Greek)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link !font-regular" data-tracking-control-name="language-selector-el_GR" data-locale="el_GR" role="menuitem" lang="el_GR"> Ελληνικά (Greek) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="English (English) selected" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link--selected" data-tracking-control-name="language-selector-en_US" data-locale="en_US" role="menuitem" lang="en_US"> <strong>English (English)</strong> </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="Español (Spanish)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link !font-regular" data-tracking-control-name="language-selector-es_ES" data-locale="es_ES" role="menuitem" lang="es_ES"> Español (Spanish) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="فارسی (Persian)" 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role="presentation">  <button aria-label="Bahasa Malaysia (Malay)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link !font-regular" data-tracking-control-name="language-selector-ms_MY" data-locale="ms_MY" role="menuitem" lang="ms_MY"> Bahasa Malaysia (Malay) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="Nederlands (Dutch)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link !font-regular" data-tracking-control-name="language-selector-nl_NL" data-locale="nl_NL" role="menuitem" lang="nl_NL"> Nederlands (Dutch) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="Norsk (Norwegian)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link !font-regular" data-tracking-control-name="language-selector-no_NO" data-locale="no_NO" role="menuitem" lang="no_NO"> Norsk (Norwegian) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="ਪੰਜਾਬੀ (Punjabi)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer hover:bg-color-action hover:text-color-text-on-dark focus:bg-color-action focus:text-color-text-on-dark language-selector__link !font-regular" data-tracking-control-name="language-selector-pa_IN" data-locale="pa_IN" role="menuitem" lang="pa_IN"> ਪੰਜਾਬੀ (Punjabi) </button> </li> <li class="language-selector__item" role="presentation">  <button aria-label="Polski (Polish)" class="font-sans text-xs link block py-[5px] px-2 w-full hover:cursor-pointer 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