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Artificial Neural Networks in Business Intelligence



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An artificial neural net is an algorithm which can be trained to perform tasks using inputs and targets. This training process is called "supervised training". Data is obtained by comparing the system output with the acquired response. The data is then sent back to the neural system, which can adjust its parameters accordingly. The training process is repeated until the neural network reaches a suitable level of performance. The data is what makes the algorithm work.

Perceptron represents the simplest form of artificial neural network.

A perceptron can be described as a single-layer, supervisable learning algorithm. It detects input data computations in business intelligence. This type of network includes four basic parameters: input. It can help improve computer performance by increasing classification rates or predicting future outcomes. Perceptron systems are used in many areas including business intelligence. These include recognizing email and detecting fraud.

The Perceptron is the most basic form of artificial neural networks, as it uses just one layer to process input data. This algorithm cannot recognize objects that are not linearly separable. It distinguishes between positive and negative values by using a threshold transfer function. It is limited to solving a few problems. It needs inputs that are standardized or normalized. To train its weights, it uses a stochastic gradient descend optimization algorithm.


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Multilayer Perceptron

A Multilayer Perceptron (MLP) is an artificial neural network that consists of three or more layers - an input layer, a hidden layer, and an output layer. Each node is connected to the next layer with a specified weight. Learning happens by changing the weight of the connections and comparing the output to what you expect. This is known as backpropagation and is a generalization to the least mean squares algorithm.


Multilayer Perceptron is unique in that it can be trained with more complicated data sets. A perceptron may be useful for data that can be separated linearly, but it is limited when it comes to data with nonlinear features. Take, for example, a classification with four points. The output of this example would show large errors if any four points were not identical matches. Multilayer Perceptron overcomes these limitations by using a more complex architecture to learn regression and classification models.

Multilayer feedforward

Multilayer feedforward artificial neural networks use a backpropagation algorithm for training their model. The backpropagation algorithm iteratively determines class label prediction weights. A Multilayer feeder artificial neural network is composed three layers: an input layer, one or several hidden layers, and an exit layer. Figure 9.2 illustrates a typical Multilayer feeder artificial neural network model.

Multilayer feedforward neural networks can have multiple uses. They are useful for forecasting as well as classification. Forecasting applications require that the network minimize the probability that the target variable has a Gaussian or Laplacian distribution. You can adapt classification applications to make use of the network by setting the goal classification variable to zero. Multilayer feedforward artificial neuro networks can achieve perfect results even when there are low Root-Mean Square Errors.


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Multilayer Recurrent Neural Network

A multilayer neural network (MRN), which is artificial neural network that has multiple layers, is called a multilayer recurrent network. Each layer contains the exact same weight parameters unlike feedforward network, which have different nodes with different weights. These networks are commonly used in reinforcement-learning. There are three types of multilayer recurrent networks: one is for deep learning, another for image processing, and another for speech recognition. You can understand the differences between these networks by looking at their main parameters.

The back propagation error in conventional recurrent neural networks tends to vanish or explode. The amount and size of the error propagation will depend on how large the weights are. The weight explosion can cause oscillations, while the vanishing problem prevents learning to bridge long time lags. In the 1990s, Juergen Schmidhuber & Sepp Hochreiter addressed this problem. The LSTM extension of recurrent neural network solves these problems by learning how to bridge time lags across a large number steps.




FAQ

What are some examples AI apps?

AI can be applied in many areas such as finance, healthcare manufacturing, transportation, energy and education. These are just a few of the many examples.

  • Finance - AI has already helped banks detect fraud. AI can detect suspicious activity in millions of transactions each day by scanning them.
  • Healthcare – AI helps diagnose and spot cancerous cell, and recommends treatments.
  • Manufacturing - AI can be used in factories to increase efficiency and lower costs.
  • Transportation – Self-driving cars were successfully tested in California. They are currently being tested all over the world.
  • Utilities are using AI to monitor power consumption patterns.
  • Education – AI is being used to educate. For example, students can interact with robots via their smartphones.
  • Government - AI is being used within governments to help track terrorists, criminals, and missing people.
  • Law Enforcement – AI is being utilized as part of police investigation. Databases containing thousands hours of CCTV footage are available for detectives to search.
  • Defense - AI is being used both offensively and defensively. An AI system can be used to hack into enemy systems. Artificial intelligence can also be used defensively to protect military bases from cyberattacks.


Which countries are leading the AI market today and why?

China has more than $2B in annual revenue for Artificial Intelligence in 2018, and is leading the market. China's AI industry includes Baidu and Tencent Holdings Ltd. Tencent Holdings Ltd., Baidu Group Holding Ltd., Baidu Technology Inc., Huawei Technologies Co. Ltd. & Huawei Technologies Inc.

The Chinese government has invested heavily in AI development. The Chinese government has created several research centers devoted to improving AI capabilities. These include the National Laboratory of Pattern Recognition, the State Key Lab of Virtual Reality Technology and Systems, and the State Key Laboratory of Software Development Environment.

China is also home of some of China's largest companies, such as Baidu (Alibaba, Tencent), and Xiaomi. All these companies are actively working on developing their own AI solutions.

India is another country that has made significant progress in developing AI and related technology. The government of India is currently focusing on the development of an AI ecosystem.


What can you do with AI?

There are two main uses for AI:

* Predictions - AI systems can accurately predict future events. AI can help a self-driving automobile identify traffic lights so it can stop at the red ones.

* Decision making - AI systems can make decisions for us. So, for example, your phone can identify faces and suggest friends calls.


How will governments regulate AI

The government is already trying to regulate AI but it needs to be done better. They need to ensure that people have control over what data is used. And they need to ensure that companies don't abuse this power by using AI for unethical purposes.

They must also ensure that there is no unfair competition between types of businesses. Small business owners who want to use AI for their business should be allowed to do this without restrictions from large companies.


What are the advantages of AI?

Artificial intelligence is a technology that has the potential to revolutionize how we live our daily lives. It is revolutionizing healthcare, finance, and other industries. It's predicted that it will have profound effects on everything, from education to government services, by 2025.

AI has already been used to solve problems in medicine, transport, energy, security and manufacturing. As more applications emerge, the possibilities become endless.

It is what makes it special. It learns. Computers are able to learn and retain information without any training, which is a big advantage over humans. Instead of being taught, they just observe patterns in the world then apply them when required.

AI is distinguished from other types of software by its ability to quickly learn. Computers can quickly read millions of pages each second. Computers can instantly translate languages and recognize faces.

And because AI doesn't require human intervention, it can complete tasks much faster than humans. It can even perform better than us in some situations.

Researchers created the chatbot Eugene Goostman in 2017. The bot fooled many people into believing that it was Vladimir Putin.

This shows that AI can be extremely convincing. AI's ability to adapt is another benefit. It can be trained to perform new tasks easily and efficiently.

Businesses don't need to spend large amounts on expensive IT infrastructure, or hire large numbers employees.


What does the future look like for AI?

Artificial intelligence (AI) is not about creating machines that are more intelligent than we, but rather learning from our mistakes and improving over time.

This means that machines need to learn how to learn.

This would require algorithms that can be used to teach each other via example.

We should also consider the possibility of designing our own learning algorithms.

It's important that they can be flexible enough for any situation.



Statistics

  • The company's AI team trained an image recognition model to 85 percent accuracy using billions of public Instagram photos tagged with hashtags. (builtin.com)
  • In 2019, AI adoption among large companies increased by 47% compared to 2018, according to the latest Artificial IntelligenceIndex report. (marsner.com)
  • According to the company's website, more than 800 financial firms use AlphaSense, including some Fortune 500 corporations. (builtin.com)
  • While all of it is still what seems like a far way off, the future of this technology presents a Catch-22, able to solve the world's problems and likely to power all the A.I. systems on earth, but also incredibly dangerous in the wrong hands. (forbes.com)
  • Additionally, keeping in mind the current crisis, the AI is designed in a manner where it reduces the carbon footprint by 20-40%. (analyticsinsight.net)



External Links

medium.com


hadoop.apache.org


gartner.com


forbes.com




How To

How to set up Amazon Echo Dot

Amazon Echo Dot can be used to control smart home devices, such as lights and fans. You can use "Alexa" for music, weather, sports scores and more. You can ask questions, make phone calls, send texts, add calendar events, play video games, read the news and get driving directions. You can also order food from nearby restaurants. Bluetooth headphones and Bluetooth speakers (sold separately) can be used to connect the device, so music can be heard throughout the house.

Your Alexa enabled device can be connected via an HDMI cable and/or wireless adapter to your TV. An Echo Dot can be used with multiple TVs with one wireless adapter. You can also pair multiple Echos at one time so that they work together, even if they aren’t physically nearby.

These steps will help you set up your Echo Dot.

  1. Turn off your Echo Dot.
  2. You can connect your Echo Dot using the included Ethernet port. Make sure the power switch is turned off.
  3. Open the Alexa App on your smartphone or tablet.
  4. Select Echo Dot among the devices.
  5. Select Add a new device.
  6. Select Echo Dot from among the options that appear in the drop-down menu.
  7. Follow the on-screen instructions.
  8. When asked, type your name to add to your Echo Dot.
  9. Tap Allow access.
  10. Wait until your Echo Dot is successfully connected to Wi-Fi.
  11. You can do this for all Echo Dots.
  12. You can enjoy hands-free convenience




 



Artificial Neural Networks in Business Intelligence