Business Data Science: Combining Machine Learning and Economics to Optimize, Automate, and Accelerate Business Decisions

10

Artificial Intelligence

Throughout this book, we have covered the wide variety of new ways that companies are using data to optimize their businesses. Variously called the big data or data science revolution, the rise of this type of analysis over the past decade has been characterized by massive amounts of data, including unstructured and nontraditional data like text and images, and the use of fast and flexible machine learning algorithms in analysis.

With recent improvements in deep neural networks (DNNs) and related methods, application of high-performance ML algorithms has become more automatic and robust to different data scenarios. ...