how machine learning works for business

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Building expertise on demand. HOW MACHINE LEARNING WORKS FOR BUSINESS

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Page 1: How Machine Learning Works for Business

Building expertise on demand.

HOW MACHINE LEARNING WORKS FOR BUSINESS

Page 2: How Machine Learning Works for Business

TODAY’S GOAL

Leave with a firm grasp on how machine learningcan be a tool and an opportunity for your business.

Page 3: How Machine Learning Works for Business

OUR JOURNEY

● Context● Choosing the right tool● Putting it to work● The hurdles

Page 4: How Machine Learning Works for Business

WHAT IS MACHINE LEARNING?

A brief introduction.

Page 5: How Machine Learning Works for Business

SOFTWARE IS EATING THE WORLD

Everything is becoming code.

Software automates, simplifies, andaccelerates business.

Page 6: How Machine Learning Works for Business

BUT...

Someone needs to write the code/logic.

Page 7: How Machine Learning Works for Business

THE TRADITIONAL WAY

Handwritten logic.

If / Then / Else

Page 8: How Machine Learning Works for Business

THE PROBLEM

Complex situations require complex2 software logic.

Page 9: How Machine Learning Works for Business

THE SOLUTION

Trained logic using historical data.

Model

tripID hasEggs eggsBought milkBought

1 1 6 1

2 0 0 2

3 1 6 1

4 1 8 1

5 0 0 1

6 1 6 1

7 0 0 3

0011001101011101

0101100111010

11001001101

Stored as a mathematical

model.

Finds patterns in the data.

Page 11: How Machine Learning Works for Business

ML IS EATING THE SOFTWARE

All applications are becoming “smart” — with unprecedented complexity in logic.

Machine learning automates, simplifies, andaccelerates software.

Page 12: How Machine Learning Works for Business

MURKY LANDSCAPE

Artificial Intelligence

Machine Understanding (?)

Pattern recognitionClassificationPredictionCan only do one thingBrute-force approach

Autonomous decisionsUniversally applicableIntuition approach

Google DeepMind

Amazon Machine Learning

Natural language processingComputer visionOptimization

IBM Watson

Classic learning

Multi-tiereddeep learning

neural networks

Deep learning neural network

Explicit ProgrammingHandwritten

Machine Learning

log

ic c

om

ple

xity

Page 13: How Machine Learning Works for Business

CHOOSINGTHE RIGHT TOOL

Exploring the major machine learning architectures.

Page 14: How Machine Learning Works for Business

No “hidden” layers

“CLASSIC” LEARNING

playground.tensorflow.org

Page 15: How Machine Learning Works for Business

Fast, simple predictions.

Product recommenderPrice prediction

Behavior prediction

Typically, features are predefined.

“CLASSIC” LEARNING

Page 16: How Machine Learning Works for Business

1-2 “hidden” layers

“SHALLOW” LEARNING

Page 17: How Machine Learning Works for Business

Deep learning has eclipsed.

“SHALLOW” LEARNING

Page 18: How Machine Learning Works for Business

>2 “hidden” layers

“DEEP” LEARNING

Page 19: How Machine Learning Works for Business

Complex, contextual understanding.

Computer visionNatural language processingUncovering hidden insights

Often, features are learned directly from the data.

“DEEP” LEARNING

Many Different Types

● Deep Belief (DBN)● Convolutional (CNN)● Recurrent (RNN)

Page 20: How Machine Learning Works for Business

CLASSIFICATION

via: wjscheirer.com

Page 21: How Machine Learning Works for Business

StructuredUnstructured

Reinforcement

TRAINING

Page 22: How Machine Learning Works for Business

FINDING A CONTEXT FOR MACHINE LEARNING

How to wrap your head around this massive subject.

Page 23: How Machine Learning Works for Business

Expertise on demand.

Train your ideal decision-making processes and tasks,then execute them anytime, anywhere, at any scale.

PUT IT TO WORK

Page 24: How Machine Learning Works for Business

TOOL OR OPPORTUNITY?

How can you create expertise on demandfor you or your customers?

Page 25: How Machine Learning Works for Business

Expertise on demand.

Page 26: How Machine Learning Works for Business

UNIVERSAL EXCELLENCE

A proven path to business success is staffing “the best.”

And, imagine your “best” continually getting better every day.

● Hiring expert● SEO expert● PR expert● Social media expert● Researching expert

And more...

Page 27: How Machine Learning Works for Business

EXPERT MARKETER

Consistently presents the right message, to the right person, at the right time

● Understands your customers better than any high-priced agency ever could

● Dynamically personalizes each individual experience

● Accurately predicts audience behavior

Page 28: How Machine Learning Works for Business

EXPERT FORECASTER

● Revenue● Inventory● Taxes● Expenses● Staffing

Page 29: How Machine Learning Works for Business

EXPERT WRITER

From SEO meta tags to novels.

● Can be trained to any “voice”● Deep topic research and digestion● Instantly learn from world experts● Accurate fact checks● No more hiring writers● No more typos

Page 30: How Machine Learning Works for Business

EXPERT ADVISOR

Imagine what you could accomplish with your own personal JARVIS.

He’s closer than you think.

Page 31: How Machine Learning Works for Business

Expertise on demand.

Page 32: How Machine Learning Works for Business

WHY WE LOVE COMPUTERS

Any time, any where, any scale.

No vacations, no sleep, no sick days.

Page 33: How Machine Learning Works for Business

THE HURDLES

Exploring the common sticking points.

Page 34: How Machine Learning Works for Business

IT’S GETTING EASIER EVERY DAY

● Purpose-built APIs● Pre-trained models● Open source projects

But...

Page 35: How Machine Learning Works for Business

We’re headed into a world, where we can know anything, anytime.

So the quality of the questions you ask determines your success.

“Wrong questions get wrong answers.”

~GregoryThe Seventh Son (2014)

QUESTIONS MATTER

Page 36: How Machine Learning Works for Business

FEED THE BEAST

Build your data stockpile.

Historically we don’t save data, because we didn’t look at it.

Now we can learn even more from it — without looking at it.

So hoard as much as you can.

Page 37: How Machine Learning Works for Business

RECAP

● Train complex software logic● Deploy expertise on-demand● Ask empowering questions● Hoard your data

Page 38: How Machine Learning Works for Business

GOAL CHECK

Feel like you have a firm grasp on how machine learning can be a tool and an opportunity for your

business?

Page 39: How Machine Learning Works for Business

THOUGHTS?

Upsides & downsides

to “expertise on demand?”

Page 40: How Machine Learning Works for Business

UNLEASH YOUR BUSINESSEMBRACE EXPONENTIAL

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