Deep learning is part of a larger family of artificial machine learning that aims to mimic human-like learning and logic through human-made artificial neural networks. The benefit of deep learning is its ability to survey massive data sets and make sophisticated decisions based on these massive data sets that aren’t achievable by humans. Deep learning models learn complicated concepts that power sophisticated decision-making iteratively. These systems compare new data with baseline data allowing these systems to learn effectively. And to improve the accuracy of these systems, they have to be fed more data to build more sophisticated decision-making criteria.
Understandably, this technology has the potential to disrupt every silo of business once this type of technology is commercially viable. To this point, according to the latest report by Market Research Future (MRFR), the deep learning market is set to reach a value of USD 17.4 billion by 2023. The application of deep learning paired with new and upcoming technologies such as machine learning, big data, and cybersecurity is set to reimagine today’s modern business environment.