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At the most basic level, machine learning and AI-based algorithms replicate what we do every day. Our minds take in a variety of information, and we try to make the best decision possible. Unfortunately, we can only synthesize so much information. We also aren't very good at looking back at past decisions and figuring out where we went wrong. AI changes this.


Everything in this space is accelerating:

- We have access to more data than ever before

- Computers can process all this information faster

- The algorithms are more powerful


The exciting thing is that these new solutions can learn. The most famous example of this is AlphaGo. In 40 days this system taught itself to play the ancient Chinese game of Go and become the best in the world. If you recall, it took IBM's Deep Blue ten years to beat a chess grandmaster.


The concept of ongoing improvement and learning is one of the most exciting advances with AI. These systems won't be 100% right all the time. No system is. Not even a human. But they have a distinct advantage over us. They learn and get better, much faster than we ever will.


I don't think we are at a place where we need to hand the keys over to the machines. But I do believe that arming yourself with this new source of information will result in better, more profitable decisions.