A Comparison of Machine Learning Applications Across Professional Sectors

Abstract

Outside the technology world, there is a great deal of confusion surrounding artificial intelligence and its related concepts. The terminology can be confusing and often prevents the general public from engaging in conversation about its impact and implications in a substantial way. This review will cover the uses of machine learning in the financial, healthcare, and advertising industries in order to shed light on its various applications in an accessible way. By synthesizing the literature associated with each sector’s uses of machine learning, the paper contributes to the conversation in a way that seeks to clarify an often mythologized subject in a way that can be understood by anyone who wishes to engage in the larger conversation about the role, scope, and ethics of machine learning in the future.

Keywords: Machine learning, Applied machine learning, Healthcare, Advertising, Finance