Over the years, we have only become more reliant on technologies. Thanks to the improved systems, smart advancements and path-breaking innovations, we’ve all heard ‘to err is human’, but what about machines? What if it’s possible to do more such humane activities with less chances of error? Let us introduce you to the buzzwords of this century ‘Artificial Intelligence’ and ‘Machine Learning’.
Rewardingly, Artificial Intelligence (AI) and Machine Learning (ML) have become the most in-demand career fields right now that offer plenty opportunities globally with hefty paychecks. As per Gartner, AI is expected to generate more than 2 million jobs by the end of 2020 itself.
Not just employability, AI is the project of the future in which the broad concept is to build computers that can function like humans. And it’d not be surprising to say that most of our innovations, especially today, revolve around comforting the life of a human. And this is just another future project where even complex activities that require human intervention are also expected to be taken care by bots. We can all imagine the growth an individual can expect while working in this field.
Now let us give you an example which’d make you realise that such advancements (though on an early stage) is already a part of your life. For example, all the social media platforms including video streaming apps like YouTube, Netflix, etc. rely heavily on machine learning which is on a broader note a subset of artificial intelligence.
As fascinating as these facts sound, it is alright to get confused with Artificial Intelligence and Machine Learning. So, let’s understand that in detail and evaluate one topic at a time.
A term that was first coined at a computer science conference in 1956 by John McCarthy, has now become the hottest topic of discussion and a field that may shape the near future. The agenda of this conference was to understand the functionality of the human brain and digitalizing to develop something similar artificially. Well, the result of the two-month project didn’t produce significant result in that era, but it definitely started a revolution.
Broadly, Artificial Intelligence is classified into three categories:
Let’s understand machine learning this way – it is a subset of artificial intelligence the result of which highly relies on the data it is fed. Machine learning interprets and learns from the past experiences or data sets provided to the system. This functionality is built to learn on its own without specifically programmed to function in a specific manner. The more you engage with such programs, the better functionality it provides.
Some of the day-to-day examples of machine learning is google search or social media algorithms (Facebook, Instagram), music apps (Spotify, Wynk, YouTube), etc.
There are majorly three different types of machine learning. And since it heavily relies on data, the data is also further structured into two parts – labeled data and unlabeled data.
A labeled data has clearly defined input and output parameters in the machine readable format, but this sort of structuring requires major human intervention to label the data. On the other hand, unlabeled data one or none of the parameters and thus requires less human efforts but more complex solutions.
Here are the three types of machine learning
Artificial Intelligence | Machine Learning | |
Functionality | This technology aims at building machines that can imitate human behavior or work like humans | This technology is a subset of AI and relies on the past data to produce results without explicitly designed to do that |
Scope | Has a wider scope and requires decoding complex natural systems | ML has a narrow scope |
Functionality | AI is designed to perform multiple tasks | ML is designed to ace at a particular task |
Types | AI is divided into Weak AI, General AI and Strong AI | ML is divided into Structured Learning, Unstructured Learning and Reinforcement Learning |
Aim | AI is about learning and making its own decisions | ML is about providing knowledge |
Example | Sophia, a humanoid built in Hong Kong | Google algorithms, social media apps, etc. |
If you are serious about choosing this stream as your expertise, there are a few institutions that offer offering degree courses in these fields. To be eligible, you’d require to have a bachelor’s degree with subjects like Computer Science, Information Technology, Mathematics and Statistics, Finance and Economics. Additionally, if you have a knack for data crunching with a creative mindset, and are proficient with analytical skills and problem-solving skills, you’ll be thriving in this field from day 1.
Speaking of the top institutions to study AI and ML, most of them are in the US. The five most sought-after institutions you must explore to pursue these fields include Carnegie Mellon University (US), Massachusetts Institute of Technology (US), Stanford University (US), Harvard University (US), and University of Edinburgh (UK).
Now your next question would be what’s the scope of specialisation in this field. How to decide which is the right stream for you?
Well, currently, top positions in this field revolve around Data Analytics, Computer Science and Artificial Intelligence Research, Software Engineering, Big Data Engineer, Research Scientist. Some of the organizations that are quite renowned for hiring professionals in this field are Amazon, NVIDIA, Microsoft, IBM, Accenture, Facebook, Intel, Samsung, Lenovo, Adobe, Uber, etc.
Undeniably, artificial intelligence and machine learning are undergoing mass development on a day-on-day basis, thus there are more advancements yet to be witnessed. One thing is for sure, a career in this field will be very bright. As much as it may sound worrying that this stream will take away one third of jobs by 2030 in the US (as per McKinsey), while at the same time it will also add at least an equal number of jobs too. Thus, if you are planning to go for sciences, it will be a good idea to take one of your subjects as AI or ML to be future ready. Because ‘now’ is the best time to prepare for tomorrow.