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Deep Learning: The Rising Technique in AI
Deep learning is revolutionizing the future of business and technology in many ways. To tap deep learning’s complete benefits, organizations must thoroughly understand its implications. In simple terms, deep learning is all about using artificial neural networks to carry out a form of advanced pattern recognition. With the help of algorithms, the network has been trained to predict, analyze and learn. Deep learning understands the patterns of information that are fed into the network via the input units. The inputs to a network are essentially binary numbers: each input unit is either switched on or switched off. So if a user has five input units, they get the flexibility to feed in information about five different characteristics of a particular product using binary (yes/no) answers. Once the patterns of information are fed into the network via the input units, it triggers the layers of hidden units, and these, in turn, arrive at the output units.
Suggested read: Deep Learning: Potential and Opportunities for Insurers
By Roland Guglielmi, Chief Data & Analytics Officer, QBE North America
The recent innovations in image and language recognition have surpassed human levels of comprehension. Deep learning has taken the field of artificial intelligence to a whole new level. According to McKinsey Global Institute’s report, the potential scale of deep learning’s impact on business reveals that organizations depending on the industry can deploy the technology and gain 1 to 9 percent rise in revenue.
Another easy way to comprehend deep learning is as a form of advanced analytics. The method leveraged to carry out the learning process in an artificial neural network is called the training algorithm. By giving enough data to train the algorithm, it can be used in multiple different tasks. In conclusion, there is a growing demand for deep learning—with such great benefits; organizations that adopt this technology quickly seem to be the big winners. Deep learning is used in almost every industry including self-driving cars, the manufacturing sector, gaming, precision medicine and for various analysis.
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By Gail Evans, Global CIO, Mercer