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.

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Pickl AI

NOVEMBER 18, 2024

billion by 2031 at a CAGR of 34.20%. Underfitting happens when a model is too simplistic and fails to capture the underlying patterns in the data, leading to poor predictions. Predictive analytics uses historical data to forecast future trends, such as stock market movements or customer churn.

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Pickl AI

OCTOBER 24, 2024

Meanwhile, the ML market , valued at $48 billion in 2023, is expected to hit $505 billion by 2031. ML systems are designed to improve their accuracy in performing specific tasks, such as image recognition, natural language processing, or predictive analytics.

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