How is Machine Learning Transforming Industries on a Global Scale?
How is Machine Learning Transforming Industries on a Global Scale? The advent of Machine Learning has sparked a previously inconceivable revolution, thanks to the latest advancements in this technology. As Machine Learning continues to disrupt conventional business practices, examples of its remarkable capabilities are increasingly prevalent. One such example is ChatGPT, which showcases the wonders of Machine Learning in action. Do you know? As per projections, the global market for Machine Learning (ML) is anticipated to surge from $21.17 billion in 2022 to $209.91 billion by 2029, registering a remarkable Compound Annual Growth Rate (CAGR) of 38.8% between 2022 and 2029. The capacity to forecast specific events is one of machine learning AI's most desired features. AI can conduct market or data analysis to generate largely accurate predictions. This capability allows AI, among other things, to target products at clients based on their purchasing patterns a...