Machine Learning Is Changing the Rules

A Machine Learning Report

Machine learning has been garnering a lot of press lately, and for good reason. In this report, we look at those reasons, how machine learning is achieving the results it has been getting, and what your business can and should be doing so as not to be left behind by competitors that embrace this technology.

What Is a Disruptor, in Business Terms?

This term, whose use in business is attributed to Harvard Business School Professor Clayton Christensen, refers to any new technology that totally changes the rules and rewards governing a market. We have seen many of these throughout history. The major disruptions include agriculture, the industrial revolution, and the computer revolution. And now, one could argue, we are witnessing the biggest revolution (or market disruption) of all: the artificial intelligence revolution. The agricultural revolution enabled us to grow crops, store food, engage in trade, as well as build villages, towns, and eventually cities, and move on from our nomadic, hunter gatherer lifestyle. The industrial revolution replaced a lot of human and animal labor with machines and also enabled mass production of goods. Think of the steam engine and the car replacing horse transportation, and of machines in factories replacing human manual labor, such as weaving looms and the robots in car manufacturing plants. The digital revolution put a PC on every desk, with killer apps such as word processing, spreadsheets, and web browsers for accessing ...