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What Can
Machine Learning
Do For You?
Better ROI. Better Strategies. It gives you an edge!
Samuel Adeshina
I have built modern platforms
and I know a thing or two about
Big Data.
Meet The Speaker
ML ENGINEER ( @ruralfarmershub )
So, Machine Learning?
It is a bit difficult to narrow down one specific
definition of machine learning (ML) because you’ll
get a different explanation depending on whom you
ask.
In its most primal sense, it is an attempt to invent
computer software that can think like we humans do.
What is unique about it though is the fact that it can
be leveraged as a solution to any kind of problem as
long as there is sufficient data for it.
Learning in itself is intimately human.
Humans Machines (Hardware and Software)
Biological Intelligence
Helpless infants learn from their
environment and those around them
and they improve over time.
Logical Reasoning
A set of step-by-step rules
that are designed for
machines to follow
Machine Learning
Machines are being taught to
learn about the world around
them just like the human
infants
Artificial Intelligence
The counterpart of an adult
human!
Machine Learning is
inspired by the
structure of the
human brain
The goal of this presentation is
to tell you how
you can begin to leverage on
the power and potential of this
technology.
Focus Areas
Our discussion will be centred around the following:
➔ The Machine Learning Hype
Facts and Myths. You will learn what is possible and the
little that are not.
➔ Case Studies
You will learn how this technology is being harnessed
by the bold problem solvers of the world.
➔ How It Works
The Fundamentals. You will discover why data is a big
deal.
➔ A Getting Started Guide
You will discover how you can start using machine
learning as a tool for growth
Meet Jemila.
Jemila is a smallholder farmer that
grows and sells tomatoes and onions.
After every farming season, she sorts
her harvest and discover her yield by
separating the good harvests from the
bad ones and ensures that onions are
not mixed with tomatoes in storage.
She does this by physically inspecting
the products while using her years of
experience to tell tomatoes apart from
onions.
Despite Jemila’s ability to work very
quickly and the communal support she
often gets, there’s only so much she can
get done.
Therefore, her business is always on the
smaller-scale and barely has a footprint on
the agri forex market compared to
AgriCorp - a company running a business
that is similar to hers.
Meet AgriCorp.
AgriCorp owns expansive estates of
farmland across the country that
grows only tomatoes and onions.
Just like Jemila, AgriCorp needs to sort
their harvest too. Unlike Jemila, they
acquired an automated solution that is
able to tell the difference between a
tomato and an onion without human
involvement. This is integrated as part
of their harvest pipeline.
Story for illustration purposes only
AgriCorp’s Advantage
Their innovative solution is able to tell the difference between
tomatoes and onions by using its sensors to measure things like
the weights, surface roughness, moisture content, and so on of
the produce.
It was trained to recognize the combinations that represent an
onion and the ones that represents tomatoes. This was done by
feeding it lots of existing data to learn from.
The more harvest it sorts, the smarter it gets because it has
been exposed to more data.
AgriCorp’s solution is a machine learning approach that
does exactly what Jemila has to manually do.
Is this a disadvantage for Jemila?
Machine Learning used to take place behind the scenes
and was left alone for organizations like Amazon, Google
and Facebook to deal with.
But now machine learning is on the front pages of our
social timelines, is the subject of heated debates and is
shaping the future.
Unfortunately, all the hype have been accompanied by
lots of myths about its impacts.
Myths and Facts
Machine Learning
Can Be Used
Anywhere
Machine Learning
will take over
human work
Machine Learning
Platform Is Easy
To Build, And
Anyone Can Do It
MYTH MYTH FACT
Facts and Myths (Contd.)
Machine Learning
developments
represent ‘giant
leaps’ for
technology
Machine Learning
is autonomously
superior to
humans
Machine Learning
can do anything
with massive
amounts of data
MYTH MYTH FACT
Industries affected by Machine Learning
Seriously.
The amount of data in the world is
growing at an exponential pace.
It seems like machine learning is the
most efficient way to understand all of it.
There is literally an entire field dedicated
to the processing and extraction of
knowledge from data (conveniently
called data science.)
All of them, next.
Benefits of Incorporating ML
Outlined below is a list of different business processes Machine Learning
can have a positive impact on:
➔ Sales
➔ Customer Service
➔ Product Recommendations
➔ Automating Business Processes
➔ Improved Security
➔ Accounting
Three Crucial Areas
Creating Real
Business Value
Machine
Learning–Based
Automation
Efficient and
Real-Time
Decision Making
Where Machine Learning Can Benefit Small - Medium - Scale Businesses
Imagine if, in 5 years,
ML/AI technologies are
as integrated into
society as phones are
today
Machine Learning, How?
At its core, machine learning is about taking in input
data and processing it, learning to recognize patterns
and figure out what’s useful from that data to make a
helpful decision.
Supervised Learning
In supervised learning, we train an
agent using labeled data.
We can train a machine to process
and output a decision that matches
the expected output as accurately as
possible.
By feeding a machine inputs over
and over and having a penalty for
getting the wrong answer, we can
nudge it toward the correct answer.
Once the machine is properly trained,
it can give the right answer every
time to match our expected output.
Unsupervised Learning
In unsupervised learning, we have to
get machines to generate useful output
for problems we don’t already have the
answer to.
Machines try finding trends and
patterns when given unlabeled data as
input.
The process of recognizing patterns
and trends is how a learning algorithm
is able to make sense of the data.
Unsupervised learning is super
powerful in the real world.
The Machine Learning Process
Your starting
point is your data
The power of data in
solving everyday
problem is hinged on
the predictability of man
PEOPLE ARE MORE
PREDICTABLE THAN
PARTICLES
Data is your most important business
asset. You must first fully adapt to a
“good data beats opinion” philosophy to
harness Machine Learning.
Business owners must work with a
‘good data beats opinion’ philosophy.
As businesses grow, more and more people have opinions
about which steps to be taken. But it helps to utilize this
philosophy. Every metric of business can be tested,
measured and improved.
You need to have real-time access to the most important
data in your endeavours. For example, knowing which KPI’s
influence revenue and profit is much more important than
the revenue and profit themselves.
Amazing Local Case Studies
➔ Kudi.ai has developed a chatbot that uses AI to
understand user requests, drive conversations,
understand user spending habits and prevent fraud.
➔ Lara.ng has also developed a chat bot for public
transportation. It assists users get from one point to
another by providing detailed, text-based, step-by-step
directions and accurate fare estimates.
➔ Voyc assists quality assurance personnel by monitoring
contact centre interactions and provides valuable insights.
➔ Retina-AI, Drugger, and Vetsark
➔ WHAT ARE YOU WAITING FOR?
➔ Accounting
Getting Started
Adjust Mindset
- What is holding
you back?
- Find your ML Tribe
(1) (2) (3)
Pick A Process
- Define your
problem?
- What data does it
need?
Pick A Tool
- How do you
collect and
manage these
data?
Talk to an expert for
implementation.
OR
Become an expert.
You would have already been armed with the
prerequisites, the domain-centric knowledge and an
understanding of the solution you need.
Be Ready.
It’s a common fear that ML/AI will take away lots
of jobs, no profession or career will be spared.
But the great news is, an equal amount of jobs
will be created in the lateral direction.
Build A Porfolio
It seems plausible that in the near future AI will be
like electricity.
Every business in every industry will be using it
within the next 5 years or they’ll fall behind real fast.
It’s like how today you don’t ask corporations if they
use electricity or not; they just have to.
Competitive Advantage
Is the ability to learn more about our
customers faster than the competition and
the ability to turn that learning into action
faster than the competition.
The practical applications of machine learning drive results
which can dramatically affect a business’ bottom line.
Already signs are ripe that ML is going to play a major role
in offering a level playing field to the small and medium-
sized businesses of the future.
That said, it is important to avoid the temptation of running
for an ML-based solution just to get duped by the hype.
Instead, you should actually consider the specific ways
these solutions can add value to your (business) process.
Good luck!
On Your Machine Learning Journey. I hope
you will use this information to finally start
exploring the plethora of opportunities in your
domain.
For more information relevant to
this presentation, feel free to
send an email through the
contact form at:
bitly.com/samueladeshina

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ML for ROI, Better Strategies & Edge

  • 1. What Can Machine Learning Do For You? Better ROI. Better Strategies. It gives you an edge!
  • 2. Samuel Adeshina I have built modern platforms and I know a thing or two about Big Data. Meet The Speaker ML ENGINEER ( @ruralfarmershub )
  • 3. So, Machine Learning? It is a bit difficult to narrow down one specific definition of machine learning (ML) because you’ll get a different explanation depending on whom you ask. In its most primal sense, it is an attempt to invent computer software that can think like we humans do. What is unique about it though is the fact that it can be leveraged as a solution to any kind of problem as long as there is sufficient data for it.
  • 4. Learning in itself is intimately human. Humans Machines (Hardware and Software) Biological Intelligence Helpless infants learn from their environment and those around them and they improve over time. Logical Reasoning A set of step-by-step rules that are designed for machines to follow Machine Learning Machines are being taught to learn about the world around them just like the human infants Artificial Intelligence The counterpart of an adult human!
  • 5. Machine Learning is inspired by the structure of the human brain
  • 6. The goal of this presentation is to tell you how you can begin to leverage on the power and potential of this technology.
  • 7. Focus Areas Our discussion will be centred around the following: ➔ The Machine Learning Hype Facts and Myths. You will learn what is possible and the little that are not. ➔ Case Studies You will learn how this technology is being harnessed by the bold problem solvers of the world. ➔ How It Works The Fundamentals. You will discover why data is a big deal. ➔ A Getting Started Guide You will discover how you can start using machine learning as a tool for growth
  • 8. Meet Jemila. Jemila is a smallholder farmer that grows and sells tomatoes and onions. After every farming season, she sorts her harvest and discover her yield by separating the good harvests from the bad ones and ensures that onions are not mixed with tomatoes in storage. She does this by physically inspecting the products while using her years of experience to tell tomatoes apart from onions.
  • 9. Despite Jemila’s ability to work very quickly and the communal support she often gets, there’s only so much she can get done. Therefore, her business is always on the smaller-scale and barely has a footprint on the agri forex market compared to AgriCorp - a company running a business that is similar to hers.
  • 10. Meet AgriCorp. AgriCorp owns expansive estates of farmland across the country that grows only tomatoes and onions. Just like Jemila, AgriCorp needs to sort their harvest too. Unlike Jemila, they acquired an automated solution that is able to tell the difference between a tomato and an onion without human involvement. This is integrated as part of their harvest pipeline. Story for illustration purposes only
  • 11. AgriCorp’s Advantage Their innovative solution is able to tell the difference between tomatoes and onions by using its sensors to measure things like the weights, surface roughness, moisture content, and so on of the produce. It was trained to recognize the combinations that represent an onion and the ones that represents tomatoes. This was done by feeding it lots of existing data to learn from. The more harvest it sorts, the smarter it gets because it has been exposed to more data.
  • 12. AgriCorp’s solution is a machine learning approach that does exactly what Jemila has to manually do. Is this a disadvantage for Jemila?
  • 13. Machine Learning used to take place behind the scenes and was left alone for organizations like Amazon, Google and Facebook to deal with. But now machine learning is on the front pages of our social timelines, is the subject of heated debates and is shaping the future. Unfortunately, all the hype have been accompanied by lots of myths about its impacts.
  • 14. Myths and Facts Machine Learning Can Be Used Anywhere Machine Learning will take over human work Machine Learning Platform Is Easy To Build, And Anyone Can Do It MYTH MYTH FACT
  • 15. Facts and Myths (Contd.) Machine Learning developments represent ‘giant leaps’ for technology Machine Learning is autonomously superior to humans Machine Learning can do anything with massive amounts of data MYTH MYTH FACT
  • 16. Industries affected by Machine Learning Seriously. The amount of data in the world is growing at an exponential pace. It seems like machine learning is the most efficient way to understand all of it. There is literally an entire field dedicated to the processing and extraction of knowledge from data (conveniently called data science.) All of them, next.
  • 17. Benefits of Incorporating ML Outlined below is a list of different business processes Machine Learning can have a positive impact on: ➔ Sales ➔ Customer Service ➔ Product Recommendations ➔ Automating Business Processes ➔ Improved Security ➔ Accounting
  • 18. Three Crucial Areas Creating Real Business Value Machine Learning–Based Automation Efficient and Real-Time Decision Making Where Machine Learning Can Benefit Small - Medium - Scale Businesses
  • 19. Imagine if, in 5 years, ML/AI technologies are as integrated into society as phones are today
  • 20. Machine Learning, How? At its core, machine learning is about taking in input data and processing it, learning to recognize patterns and figure out what’s useful from that data to make a helpful decision.
  • 21. Supervised Learning In supervised learning, we train an agent using labeled data. We can train a machine to process and output a decision that matches the expected output as accurately as possible. By feeding a machine inputs over and over and having a penalty for getting the wrong answer, we can nudge it toward the correct answer. Once the machine is properly trained, it can give the right answer every time to match our expected output.
  • 22. Unsupervised Learning In unsupervised learning, we have to get machines to generate useful output for problems we don’t already have the answer to. Machines try finding trends and patterns when given unlabeled data as input. The process of recognizing patterns and trends is how a learning algorithm is able to make sense of the data. Unsupervised learning is super powerful in the real world.
  • 24. Your starting point is your data The power of data in solving everyday problem is hinged on the predictability of man PEOPLE ARE MORE PREDICTABLE THAN PARTICLES Data is your most important business asset. You must first fully adapt to a “good data beats opinion” philosophy to harness Machine Learning.
  • 25. Business owners must work with a ‘good data beats opinion’ philosophy. As businesses grow, more and more people have opinions about which steps to be taken. But it helps to utilize this philosophy. Every metric of business can be tested, measured and improved. You need to have real-time access to the most important data in your endeavours. For example, knowing which KPI’s influence revenue and profit is much more important than the revenue and profit themselves.
  • 26. Amazing Local Case Studies ➔ Kudi.ai has developed a chatbot that uses AI to understand user requests, drive conversations, understand user spending habits and prevent fraud. ➔ Lara.ng has also developed a chat bot for public transportation. It assists users get from one point to another by providing detailed, text-based, step-by-step directions and accurate fare estimates. ➔ Voyc assists quality assurance personnel by monitoring contact centre interactions and provides valuable insights. ➔ Retina-AI, Drugger, and Vetsark ➔ WHAT ARE YOU WAITING FOR? ➔ Accounting
  • 27. Getting Started Adjust Mindset - What is holding you back? - Find your ML Tribe (1) (2) (3) Pick A Process - Define your problem? - What data does it need? Pick A Tool - How do you collect and manage these data?
  • 28. Talk to an expert for implementation. OR Become an expert. You would have already been armed with the prerequisites, the domain-centric knowledge and an understanding of the solution you need.
  • 29. Be Ready. It’s a common fear that ML/AI will take away lots of jobs, no profession or career will be spared. But the great news is, an equal amount of jobs will be created in the lateral direction. Build A Porfolio
  • 30. It seems plausible that in the near future AI will be like electricity. Every business in every industry will be using it within the next 5 years or they’ll fall behind real fast. It’s like how today you don’t ask corporations if they use electricity or not; they just have to.
  • 31. Competitive Advantage Is the ability to learn more about our customers faster than the competition and the ability to turn that learning into action faster than the competition.
  • 32. The practical applications of machine learning drive results which can dramatically affect a business’ bottom line. Already signs are ripe that ML is going to play a major role in offering a level playing field to the small and medium- sized businesses of the future. That said, it is important to avoid the temptation of running for an ML-based solution just to get duped by the hype. Instead, you should actually consider the specific ways these solutions can add value to your (business) process.
  • 33. Good luck! On Your Machine Learning Journey. I hope you will use this information to finally start exploring the plethora of opportunities in your domain. For more information relevant to this presentation, feel free to send an email through the contact form at: bitly.com/samueladeshina

Editor's Notes

  1. Automation helps businesses dealing with a scarcity of resources and manpower. This is more applicable to small enterprises that always operate with limited means and human capital. Machine Learning tools being embedded into software products can help businesses gather the most relevant insights to serve their customers appropriately. For instance, insurance companies can implement Machine Learning technology to suggest products to customers based on customer insights. As the volumes and variety of user data continue to grow at a rapid speed, Machine Learning–based algorithms and tools now have better scope to gain customer insights by learning from this data. This in turn helps businesses make faster and often real-time decisions concerning their business operations and customer services. Machine Learning technology can easily facilitate connecting a business with streams of business data and thereby can help more precision-driven as well as fast-paced decision making. Machine Learning technology continues to create business value for enterprises of all sizes and niches. In this respect, we need to understand how this technology can actually help customers and users with substantial business value that couldn’t be possible before the technology was adopted by businesses. Simply put, the pace of decision making, adhering to the business rules, and addressing customer needs with precision have all become possible thanks to sophisticated Machine Learning–based tools.