ALUMNI CONNECT- "Machine Learning and Artificial Intelligence" by Mr.Nitin Aggarwal, Quantitaive Analyst, Google
The Department of Industrial and Management Engineering, IIT Kanpur had the opportunity to host a Webinar by Mr. Nitin Agarwal, Quantitative Analyst, Google. The Alumni committee of MBA holds the credit for organizing the webinar. An alumnus of MBA-IIT Kanpur, Nitin Agarwal gave a lot of insight into the world of Machine learning. The webinar started with the speaker asking our views on Machine Learning. As he explained Machine Learning is the process of making lot of small decisions so as to get an end outcome. The basic objective of machine learning is not to memorize older data set but to recognize a pattern from the given data so as to be able to take decisions on newer data set. This is where it differs from Statistics. While statistics draws inference answering the question “what does the data mean?”, machine learning is all about prediction, which answers the question “Does it work well?”. So statistics describes data while machine learning takes decisions based on that data. The industry is gradually moving from Statistics to Machine Learning.