A Gentle Introduction to the Law of Large Numbers in Machine Learning

We have an intuition that more observations is better. This is the same intuition behind the idea that if we collect more data, our sample of data will be more representative of the problem domain. There is a theorem in statistics and probability that supports…

Artificial Intelligence can boost revenues by 38%, employment by 10%: Accenture

DAVOS: If businesses invest in Artificial Intelligence (AI) and human-machine collaboration at the same rate as top-notch companies, they could boost revenues by 38 per cent by 2022 and raise employment levels by 10 per cent, a new report said on Tuesday. Collectively, this would…