Data science vs machine learning, though related, are distinct fields with their own unique focuses and applications. In this article, we will delve deeper into each field, exploring their definitions, challenges, and evolution.
What is Data Science?
Data science is an interdisciplinary field that seeks to get value from the enormous and complicated datasets that are currently available. Data science experts analyse raw data, process it, and obtain valuable insights using cutting-edge methods. Mining, statistics, data analytics, data modelling, machine learning modelling, and programming are the main elements of data science.
Data science’s ultimate objective is to use statistical analysis and machine learning to solve business challenges. Data science offers answers to problems that arise in the real world by comprehending the issue at hand, locating the necessary data, and conducting an efficient analysis.
What is Machine Learning?
Machine learning, a subset of artificial intelligence (AI), focuses on the ability of systems to learn from data generated by data science. To achieve this, machine learning relies on data science tools to clean, prepare, and analyze unstructured big data. By learning from the data, machine learning algorithms generate insights that enhance performance and facilitate predictions.
Similar to humans learning through experience rather than just following instructions, machines learn by applying analytical tools to data. Machine learning operates by creating algorithms that enable machines to learn from experience and minimal human intervention. It has the capacity to process vast amounts of data, far beyond human capability, and continues to evolve with increasing data availability.
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Challenges in Data Science
Up to 80% of a data scientist’s effort is spent gathering, cleaning, and getting ready data for analysis across a variety of businesses. Even though it could be a time-consuming procedure, it is essential to guarantee correctness and dependability.
Data from different sources, collected in diverse forms, require meticulous data entry and compilation. Virtual data warehouses with centralized platforms have facilitated this process, allowing data from various sources to be stored conveniently.
Applying data science also involves identifying relevant business issues, such as declining revenue or production bottlenecks. Detecting subtle patterns can be challenging, requiring specialized expertise. Other challenges include effectively communicating results to non-technical stakeholders, ensuring data security, fostering collaboration between data scientists and data engineers, and determining appropriate key performance indicators (KPIs).
The Evolution of Data Science
Effective analysis and interpretation were necessary as data from sources like social media, e-commerce websites, and consumer surveys grew exponentially. As a result, the field of data science, which focuses on managing massive, unstructured databases, was born.
The term “data science” was initially used interchangeably with “computer science” in the 1960s. It later gained recognition as an independent discipline in 2001. Today, data science and machine learning are extensively employed by data engineers across various industries.
To work as a data analyst who views, manages, and accesses data, a diverse skill set is required. This includes proficiency in Structured Query Language (SQL), mathematics, statistics, data visualization for stakeholder presentations, data mining, and knowledge of data cleaning and processing techniques. Additionally, programming and AI knowledge are invaluable, as data analysts often construct machine learning models.
Applications of Data Science
Data science finds wide-ranging applications in industry and government sectors. It contributes to profit generation, product and service innovation, infrastructure improvement, and public system enhancement. Here are a few examples of data science use cases:
- An international bank utilizes machine learning-powered credit risk models to expedite loan processing through a mobile app.
- A manufacturer develops advanced 3D-printed sensors to guide driverless vehicles.
- A police department employs statistical incident analysis tools to optimize the deployment of officers for efficient crime prevention.
- An AI-based medical assessment platform analyzes medical records to assess a patient’s risk of stroke and predict treatment success rates.
- Healthcare companies leverage data science for breast cancer prediction and various other medical applications.
- Ride-hailing transportation companies utilize big data analytics to predict supply and demand, ensuring drivers are available at popular locations in real-time. Data science also aids in forecasting, global intelligence, mapping, pricing, and other crucial business decisions.
- An e-commerce conglomerate incorporates predictive analytics into its recommendation engine.
- An online hospitality company employs data science to enhance diversity in hiring practices, improve search capabilities, and determine host preferences, among other valuable insights. The company promotes the use of open-source data and provides training to empower employees with data-driven insights.
- A major online media company employs data science to deliver personalized content, optimize targeted advertising, and continuously update music streams, among other automation decisions.
The Evolution of Machine Learning
The concept of machine learning and its name originated in the 1950s. Data scientist Alan Turing introduced the Turing Test, which posed the question, “Can machines think?” This test evaluated whether a machine could engage in conversation without being recognized as a machine. It laid the foundation for the theory and development of AI.
In 1952, IBM computer scientist Arthur Samuel coined the term “machine learning” and created a checkers-playing program. The program competed against a checkers master on an IBM 7094 computer in 1962 and emerged victorious.
Today, machine learning has evolved significantly, necessitating knowledge of applied mathematics, computer programming, statistical methods, probability concepts, data structure, computer science fundamentals, and big data tools like Hadoop and Hive. While SQL is not essential, programs are typically written in programming languages such as R, Java, SAS, and most commonly, Python.
Deep learning and machine learning are two categories of AI. Deep learning gives computers the capacity to analyse data in a manner comparable to the brain. In order to provide precise insights and forecasts, it excels in identifying intricate patterns in text, pictures, audio, and other data. Deep learning algorithms mimic brain-inspired neural networks.
Subcategories of Machine Learning
Machine learning includes a variety of methods, such as Naive Bayes, Support Vector Machine (SVM), decision trees, logistic regression, and K-Nearest Neighbours (KNN). These algorithms fall under the categories of reinforced/reinforcement learning, unsupervised learning, and supervised learning.
Machine learning engineers often specialize in natural language processing, computer vision, or become software engineers focused on machine learning, among other roles.
Challenges in Machine Learning
Machine learning introduces ethical concerns related to privacy and data usage. Unstructured data collected from social media platforms, often without users’ knowledge or consent, has raised significant privacy issues. Although license agreements may define data usage, many users overlook the fine print.
Another challenge lies in the transparency of machine learning algorithms and their decision-making processes. Releasing machine learning programs as open-source can address this concern, enabling people to scrutinize the source code.
Biased datasets used in machine learning models can lead to biased outcomes. Accountability in machine learning pertains to the level of visibility and corrective measures available to individuals and the responsibility associated with any issues arising from the outcomes.
Concerns about job elimination due to AI and machine learning advancements have also emerged. While certain job roles may change, machine learning is anticipated to create new positions. It automates routine and repetitive tasks, allowing humans to focus on more creative and impactful work.
Machine Learning Use Cases
Prominent companies across various industries harness the power of machine learning in their operations. Social media platforms, for example, collect vast amounts of data and utilize individuals’ past behavior to forecast and predict their preferences. These platforms then employ predictive modeling to recommend relevant products, services, or articles.
On-demand video subscription companies rely on recommendation engines powered by machine learning. Self-driving cars represent another significant application of machine learning. Other industries and sectors leveraging machine learning include technology companies, cloud computing platforms, athletic clothing and equipment manufacturers, electric vehicle producers, space aviation enterprises, and many more.
In conclusion, while data science and machine learning are distinct disciplines, they intersect and complement each other in many ways. Data science brings structure and meaning to massive datasets, enabling businesses to identify and solve problems, while machine learning learns from the data generated by data science, generating insights and predictions to improve performance. Understanding the nuances of these fields is crucial in unlocking their potential for innovation, growth, and problem-solving in various industries and sectors.
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