Scribd
Upload
1 views

Unlocking the Power of AI and Machine Learning

This presentation introduces the basics of Artificial Intelligence (AI) and Machine Learning (ML), highlighting their definitions, applications, and user-friendly tools. It discusses practical use cases such as personalized recommendations, fraud detection, and medical diagnostics, as well as a live demo on dynamic pricing in e-commerce. Key takeaways emphasize the potential of AI and ML to improve efficiency, personalization, and innovation.

Uploaded by

vinai.20
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
1 views

Unlocking the Power of AI and Machine Learning

This presentation introduces the basics of Artificial Intelligence (AI) and Machine Learning (ML), highlighting their definitions, applications, and user-friendly tools. It discusses practical use cases such as personalized recommendations, fraud detection, and medical diagnostics, as well as a live demo on dynamic pricing in e-commerce. Key takeaways emphasize the potential of AI and ML to improve efficiency, personalization, and innovation.

Uploaded by

vinai.20
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 8

Unlocking the Power of AI

and Machine Learning


This presentation provides a beginner-friendly introduction to AI
and ML, exploring their core concepts and practical applications.

by vinod kannan
Understanding AI and ML Basics
Artificial Intelligence (AI) Machine Learning (ML)

AI refers to the ability of machines to perform tasks ML is a subset of AI that focuses on enabling machines
that typically require human intelligence, such as to learn from data without explicit programming. It
learning, problem-solving, and decision-making. involves training algorithms on large datasets to
identify patterns and make predictions.
Applications and Use Cases
Personalized Fraud Detection
Recommendations
ML algorithms analyze
AI powers personalized financial transactions to
product recommendations identify suspicious patterns
on e-commerce platforms and prevent fraudulent
based on user preferences activities.
and past behavior.

Medical Diagnostics
AI assists doctors in diagnosing diseases by analyzing medical
images and patient data to provide faster and more accurate
diagnoses.
Demystifying AI and ML
1 No Coding Required 2 Learning from Data
Many AI/ML tools are AI learns by analyzing
user-friendly, offering vast amounts of data to
drag-and-drop interfaces identify patterns and
and pre-trained models. make predictions.

3 Continuous Improvement
AI systems adapt and improve over time as they encounter
more data and learn from new information.
Live Demo: Dynamic Pricing

Scenario:
We'll demonstrate how AI can dynamically adjust product prices
based on real-time factors such as demand, competition, and user
behavior.
How Dynamic Pricing
Works
1 Data Collection: Gathering data from various
sources, including customer demand, competitor
pricing, and market trends.

2 Algorithm Training: Training an AI algorithm on the


collected data to learn patterns and relationships.

3 Price Adjustment: Using the trained model to


dynamically adjust prices based on real-time factors
and historical data.
Real-World Example
E-commerce Platform
An e-commerce platform uses AI to dynamically
adjust prices based on user behavior, competition,
and product availability.

Increased Revenue
The AI-powered dynamic pricing model optimizes
prices to increase revenue and maximize profit.

Improved Customer Experience


Dynamic pricing ensures competitive pricing and
creates a more personalized shopping experience for
customers.
Key Takeaways and Next
Steps
AI and ML offer a wide range of opportunities for businesses and
individuals to enhance efficiency, personalize experiences, and
drive innovation.

You might also like