Understanding the Promise and Pitfalls of Machine Learning

Gurjeet Singh, CEO, Ayasdi Machine learning is generating a tremendous amount of attention these days from the press as well as the practitioners. And rightly so – machine learning is a transformative technology. But despite the references to the topic, the money raised from venture capitalists, and the spotlight that Google is bringing to the subject, machine learning is still poorly understood outside of a core group of highly technical leaders. This has the effect of underestimating how transformative machine learning is going to be. It also has the effect of shielding business leaders from what they need to do to prepare for the era of machine learning. Let’s discuss both sides of the sword – the promise and the pitfalls, starting with a definition. Machine learning is a class…

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