Machine-learning algorithms use statistics to find patterns in massive* amounts of data. And data, here, encompasses a lot of things—numbers, words, images, clicks, what have you.

To clear things up, I drew you this flowchart on the back of an envelope so you can work out whether something is using AI or not. This originally appeared in our AI newsletter The Algorithm.

Aside from the obvious efficiency benefits that AI and machine learning present, there are a number of other advantages to be realized. Data-driven decision making offers the ability to validate a ...

Other common machine learning regression algorithms (short of neural networks) include Naive Bayes, Decision Tree, K-Nearest Neighbors, LVQ (Learning Vector Quantization), LARS Lasso, Elastic Net ...