Volume 19 No 8 (2021)
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MACHINE LEARNING REVOLUTION: TRANSFORMING BUSINESS AND SOCIETY
Md Iftekhar Ahmad, Raja Ram Sah, Manoj Kumar Sah
Abstract
The rapid evolution of machine learning (ML) technologies has become a cornerstone in reshaping conventional paradigms within business and society. This paper provides an extensive exploration of the machine learning revolution, delving into its historical context, evolutionary trajectory, and profound impact on various sectors. From revolutionizing decision-making processes in business to influencing societal dynamics, machine learning emerges as a catalyst for transformative change. The paper navigates through the optimization of business operations, enhancement of customer experiences, and societal shifts in education, employment, and healthcare. Ethical considerations and challenges inherent in the widespread adoption of ML are also addressed. Furthermore, the paper outlines the future trends and opportunities that lie ahead, emphasizing the importance of responsible AI development. Through this comprehensive analysis, we aim to offer insights into the dynamic landscape shaped by machine learning, providing a foundation for understanding its far-reaching implications on the present and future.
Keywords
The rapid evolution of machine learning (ML) technologies has become a cornerstone in reshaping conventional paradigms within business and society.
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