Reinforcement learning is a subfield of machine learning in which systems are trained by receiving virtual "rewards" or "punishments," essentially learning by trial and error. Google's DeepMind has used reinforcement learning to beat a human champion in the Go games. Reinforcement learning is also used in video games to improve the gaming experience by providing smarter bot.
One of the most famous algorithms are:
AI in Finance: The financial technology sector has already started using AI to save time, reduce costs, and add value. Deep learning is changing the lending industry by using more robust credit scoring. Credit decision-makers can use AI for robust credit lending applications to achieve faster, more accurate risk assessment, using machine intelligence to factor in the character and capacity of applicants.
Underwrite is a Fintech company providing an AI solution for credit makers company. underwrite.ai uses AI to detect which applicant is more likely to pay back a loan. Their approach radically outperforms traditional methods.
AI in HR: Under Armour, a sportswear company revolutionizes hiring and modernizes the candidate experience with the help of AI. In fact, Under Armour Reduces hiring time for its retail stores by 35%. Under Armour faced a growing popularity interest back in 2012. They had, on average, 30000 resumes a month. Reading all of those applications and begin to start the screening and interview process was taking too long. The lengthy process to get people hired and on-boarded impacted Under Armour's ability to have their retail stores fully staffed, ramped and ready to operate.
At that time, Under Armour had all of the 'must have' HR technology in place such as transactional solutions for sourcing, applying, tracking and onboarding but those tools weren't useful enough. Under armour choose HireVue, an AI provider for HR solution, for both on-demand and live interviews. The results were bluffing; they managed to decrease by 35% the time to fill. In return, the hired higher quality staffs.
AI in Marketing: AI is a valuable tool for customer service management and personalization challenges. Improved speech recognition in call-center management and call routing as a result of the application of AI techniques allows a more seamless experience for customers.
For example, deep-learning analysis of audio allows systems to assess a customer's emotional tone. If the customer is responding poorly to the AI chatbot, the system can be rerouted the conversation to real, human operators that take over the issue.
Apart from the three examples above, AI is widely used in other sectors/industries.
Deep learning is a powerful tool to make prediction an actionable result. Deep learning excels in pattern discovery (unsupervised learning) and knowledge-based prediction. Big data is the fuel for deep learning. When both are combined, an organization can reap unprecedented results in term of productivity, sales, management, and innovation.
Deep learning can outperform traditional method. For instance, deep learning algorithms are 41% more accurate than machine learning algorithm in image classification, 27 % more accurate in facial recognition and 25% in voice recognition.
Data labeling
Most current AI models are trained through "supervised learning." It means that humans must label and categorize the underlying data, which can be a sizable and error-prone chore. For example, companies developing self-driving-car technologies are hiring hundreds of people to manually annotate hours of video feeds from prototype vehicles to help train these systems.
Obtain huge training datasets
It has been shown that simple deep learning techniques like CNN can, in some cases, imitate the knowledge of experts in medicine and other fields. The current wave of machine learning, however, requires training data sets that are not only labeled but also sufficiently broad and universal.
Deep-learning methods required thousands of observation for models to become relatively good at classification tasks and, in some cases, millions for them to perform at the level of humans. Without surprise, deep learning is famous in giant tech companies; they are using big data to accumulate petabytes of data. It allows them to create an impressive and highly accurate deep learning model.
Explain a problem
Large and complex models can be hard to explain, in human terms. For instance, why a particular decision was obtained. It is one reason that acceptance of some AI tools are slow in application areas where interpretability is useful or indeed required.
Furthermore, as the application of AI expands, regulatory requirements could also drive the need for more explainable AI models.
Deep learning is the new state-of-the-art for artificial intelligence. Deep learning architecture is composed of an input layer, hidden layers, and an output layer. The word deep means there are more than two fully connected layers.
There is a vast amount of neural network, where each architecture is designed to perform a given task. For instance, CNN works very well with pictures, RNN provides impressive results with time series and text analysis.