What are some interesting possible applications of machine learning?

Question

What are some interesting possible applications of machine learning?

Answer 1

Machine Learning has lots of applications. So it just depends on what you call "interesting," which varies person to person so I'll simply list some typical applications.

1. detecting fraud at banks

2. identifying which consumers are most likely to respond favorably to direct mail, Groupon deals, Facebook advertisements

3. trading stocks and derivatives

4. pricing insurance premiums (Google recently funded a startup that helps natural disaster insurance companies determine prices based on weather patterns due to global warming)

5. identifying human genes that make people more likely to develop cancer

6. predicting housing prices for real estate companies

7. predicting wine-tasting ratings

8. programmatically reading text from a random photograph

9. programmatically recognizing faces

10. autonomous, self-driving cars

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