Chapter 1. Machine Learning Review
Recent years have seen the revival of artificial intelligence (AI) and machine learning in particular, both in academic circles and the industry. In the last decade, AI has seen dramatic successes that eluded practitioners in the intervening years since the original promise of the field gave way to relative decline until its re-emergence in the last few years.
What made these successes possible, in large part, was the impetus provided by the need to process the prodigious amounts of ever-growing data, key algorithmic advances by dogged researchers in deep learning, and the inexorable increase in raw computational power driven by Moore's Law. Among the areas of AI leading the resurgence, machine learning has seen spectacular developments, and continues to find the widest applicability in an array of domains. The use of machine learning to help in complex decision making at the highest levels of business and, at the same time, its enormous...