Chapter 10. Predictive Analytics and Machine Learning

Predictive analytics and machine learning have recently been accepted into mainstream data science and data analytics by many industries. They are now compared to other fields, and, without a doubt, we can expect a lot of rapid growth. It is even predicted that machine learning will accelerate so fast that within mere decades human labor will be replaced by intelligent machines (see http://en.wikipedia.org/wiki/Technological_singularity). The current state of art for artificial general intelligence (AGI) is far from that utopia, but machine learning has come a long way, and is being used in self-driving cars, chatbots, and AI-based assistants, such as Amazon's Alexa, Apple's Siri, and Ok Google. ...

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