Inquiry Response: Where Machine Learning Can Help with Decision Making
Inquiry:
What are use cases where machine learning (ML) delivers the best decisions and performance? Vendors are peddling their ML solutions, and because it’s sexy right now, they’re gaining traction with executives being told outside ML algorithms will outperform on every data problem.
Response:
THE BIG IDEAS:
- Massive data sets
- Use cases
- Important caveat
MASSIVE DATA SETS
ML solutions are being sold as the right tool for everything. In reality they apply to a small percentage of analytics application
