Ask HN: What market demands can I solve with machine learning?
One example I can think of is a sentiment analysis on social media to measure some degree of product satisfaction. However, at one point can you confidently state that you've found the appropriate product satisfaction? What if there were errors along the way (NLP not working properly or false positives)? How would you consolidate such things to a client? Social media related machine learning seems dime a dozen anyhow.
I guess I am trying to employ the same philosophy to when I was learning how to program. Create something that is in demand by the market to best learn the trade. I want to do the same thing for machine learning, computer vision, but am not able to visualize what potential problems that are in demand by the market are worth pursuing.
So, what immediate problems do businesses or industries face that I can solve with machine learning?
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[ 27.2 ms ] story [ 928 ms ] threadFacebook and Google use Machine learning algorithms to increase Ad revenue and serve more relevant information to the user.
Machine learning is also used in health care to predict Emergency Room wait times for example.
Many banks and big online retailers use Machine learning for fraud detection.
And of course Machine Learning is used in the stock market.
>ML in stock market
I know this is used here but what exactly? Mine tweets to predict stock prices with a contrarian strategy? Computer vision on stock charts to apply technical analysis trading system? Mine historical volatility of options on futures?
It would be great if there was some simple business or SaaS I can execute using machine learning.
But say you have a website now with 'We use ML to solve X". Then the next bigger challenge, convincing a business to fork over their data for the sake of machine learning without previous experience. Or do you have to work for free in the beginning to build credentials? 'Hey if you hand over your patient data at your ER, we'll figure the waiting time out, never done this before with another ER so we'll do it for free?'
I guess I'm interested in the applying entrepreneurial and business approach to solve an actual real world problem that is in demand using ML.
A "silly" example might be clinical diagnostic decision support. Instead of charts with history, lab results and meds to visually wade through and diagnose, there could be a simple UI. "Simple" means simply that instead of potentially 1000 fields that might be read or selectively updated, there would be 5 pre-selected by the computer. This could then go from medical unstructured "narrative" to automated ICD-10 coding. There would be lots of NLP, semantic analysis of large corpii, formal ontologies and RDF-encoded KB tangles to work though.
> Computer vision on stock charts to apply technical analysis trading system?
Why would you use computer vision? Just get a DVD full of the intra-day tick data for the instruments of interest going back 20-or-so years and find correlations.
And, I'm sure you know this, but a reader wandering through here may not: many of the kaggle competitions can be solved with ML techniques and many-or-most of the solution types would be valuable to the market or to large (hopefully funded) research problems. https://www.kaggle.com/
This is similar to the problem of movie/book recommendations, which has not been solved to my satisfaction. I have yet to see any good recommendation systems out there which go beyond recommending movies based on simple things like 'same actor was in this movie', 'people who watched that watched this' etc.
For example, catching a fraudster based on their actions for your website is easy because you can create models with scope limited to your own website with few constraints vs. catching any fraud on any website because they all have different processes, scopes and constraints wildly fluctuate.
This is applicable to movies and restaurants. Sometimes I'm in a mood for an action movie but that doesn't mean I want to be seeing those all the time around. Similarly, there is simply time when I'm in a mood for mexican or Indian and not Italian where I may have been going to for past month.
Unless we manage to capture the inner motivations/feelings (maybe based on our online behavioural patterns?) our recommendations will just be artificially built mashed potatoes crap.