Definition: Machine Learning is a type of Artificial Intelligence (AI) that provides computers with the ability to learn without being explicitly programmed. Machine learning focuses on the development of computer programs that can change when exposed to new data. The process of machine learning is similar to that of data mining. For example:
Applications: Virtually all applications were in AI using Machine learning so that some value is added. It includes specifically following application:
Risk: Machine learning being an application based on AI, the nature of risk to it remain similar to those posed by AI systems.
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