Machine learning is an essential part of many systems: communications, computer vision, AI, the web, etc. according to your field what do you think really the top killer application of ML?
1) Personal digital assistant (e,g, Apple's Siri). As the technology improves, this will turn your cell phone into a very smart and capable info-servant. Within 5 years, Siri (and its ilk) *will* change the way we interact not only with computers, but the outside world. (Of course this assumes the availability of speech recognition and generation as well.)
2) Automated government regulation. Many gov't regulations require businesses to summarize and report their activity on a regular basis (e.g. monthly/quarterly) so regulators can confirm that gov't's many laws are obeyed. In a few years this likely will change. Government will monitor business transactions automatically in real time, looking for patterns that have been found to predict / reveal misbehavior (illegal as well as just non-conforming). This could greatly lighten governmental oversight and make it almost impossible to game the system, since the patterns of misbehavior would be formed through machine learning, not procedural statute. Since regulator patterrns would not be publically visible, they'd be very hard to circumvent. This could reinvent the role of government and regulatory oversight.
I think the killer application of ML could be the one that can learn replicating the human nervous system. Such an application can be both used as a tool for understanding human nervous system, as well as it can be used to program human-like robots.
We are currently working on this kind of research and you can find our initial findings in our latest paper. Here is the link for its preprint version:
1) Personal digital assistant (e,g, Apple's Siri). As the technology improves, this will turn your cell phone into a very smart and capable info-servant. Within 5 years, Siri (and its ilk) *will* change the way we interact not only with computers, but the outside world. (Of course this assumes the availability of speech recognition and generation as well.)
2) Automated government regulation. Many gov't regulations require businesses to summarize and report their activity on a regular basis (e.g. monthly/quarterly) so regulators can confirm that gov't's many laws are obeyed. In a few years this likely will change. Government will monitor business transactions automatically in real time, looking for patterns that have been found to predict / reveal misbehavior (illegal as well as just non-conforming). This could greatly lighten governmental oversight and make it almost impossible to game the system, since the patterns of misbehavior would be formed through machine learning, not procedural statute. Since regulator patterrns would not be publically visible, they'd be very hard to circumvent. This could reinvent the role of government and regulatory oversight.