Pickl AI

NOVEMBER 18, 2024

billion by 2031 at a CAGR of 34.20%. Clustering and dimensionality reduction are common tasks in unSupervised Learning. For example, clustering algorithms can group customers by purchasing behaviour, even if the group labels are not predefined. Decision trees are easy to interpret but prone to overfitting.

Machine Learning 52

Machine Learning Machine Learning Decision Trees Algorithm 52

Pickl AI

NOVEMBER 5, 2024

Bureau of Labor Statistics predicts that employment for Data Scientists will grow by 36% from 2021 to 2031 , making it one of the fastest-growing professions. These statistics underscore the significant impact that Data Science and AI are having on our future, reshaping how we analyse data, make decisions, and interact with technology.

Data Science 52

Data Science Artificial Intelligence Artificial Intelligence AI 52

Pickl AI

OCTOBER 24, 2024

Meanwhile, the ML market , valued at $48 billion in 2023, is expected to hit $505 billion by 2031. It is often used for clustering data into meaningful categories. In ML, algorithms like neural networks and decision trees are used to identify patterns and make predictions.

Artificial Intelligence 52

Artificial Intelligence Artificial Intelligence Machine Learning Machine Learning 52