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Image Source: amazon.com A “robot revolution” will transform the global economy over the next 20 years, cutting the costs of doing business but exacerbating social inequality, as machines take over everything, according to a new study by investment bank Bank of America Merrill Lynch. “ We are facing a paradigm shift which will change the way we live and work,” the authors say. “The pace of disruptive technological innovation has gone from linear to parabolic in recent years. Penetration of robots and artificial intelligence has hit every industry sector, and has become an integral part of our daily lives.” Also Read:  Top 10 Fantasy Cricket Apps List in 2024 The report outlines the opportunities for investors in robotics and artificial intelligence and cites recent research including Oxford University research that finds the coming revolution could leave up to 35% of all workers in the UK, and 47% of those in the US, at risk of being displaced by technology. “ Th

Industry 4.0 is set to drive up manufacturing’s share of GDP in Europe by 20 per cent over the next five years. With its expertese in software and sensors, the UK has a golden ticket. The UK is still wondering what to put in its suitcase, while China, Japan, South Korea and the USA march up the gangplank, with the Germans already putting their Also Read:  Top 10 Fantasy Cricket Apps List in 2024 That’s if you take heed of a survey published earlier this year by Works Management and software firm Infor which finds that six in 10 UK manufacturing managers have never even heard of Industry 4.0 and 47 percent of those surveyed say their top priority is people management. Meanwhile, German hardware is forging deals with Chinese software: Kuka , one of the world’s biggest industrial RPA companies is getting ready to develop a smart manufacturing platform in collaboration with The pair are planning nothing less than a global network – built on the industrial internet of thing

Image Source: geeksforgeeks.org Machine learning is a scientific study that works on different algorithms. Machine learning is a subset of an artificial intelligence. Machine learning algorithm creates a simple data as a mathematical model. It simply called “Training Data”.  Machine Learning involves developing a model, which works on some training data and then can process additional data to make predictions. Also Read:  Top 10 Fantasy Cricket Apps List in 2024 There are various types of models have used for machine learning solutions . Here in this article we will discuss about few ML models.   Artificial neural networks An ANN is based totally on a collection of linked gadgets or nodes known as artificial neurons, which loosely mannequin the neurons in an organic brain. Each connection, like the synapses in a biological brain, can transmit a sign to different neurons. An artificial neuron that receives a sign then methods it and can sign neurons connected to it