Question: One way machine learning can help is by using Natural Language Processing (NLP) to better understand customer or user feedback. Businesses and public organizations get
One way machine learning can help is by using Natural Language Processing (NLP) to better understand customer or user feedback. Businesses and public organizations get a ton of reviews, support tickets, and comments, and it's not easy to read through all of them manually. With NLP, we can automatically figure out the overall sentiment (like if people are mostly happy or upset), find common issues, and even detect urgent complaints. This can help businesses improve their products faster, which could lead to more satisfied customers and more sales. For public services, it could help them respond quicker and more effectively to what people actually need.
Another method is Reinforcement Learning, which is great for things like dynamic pricing or making decisions based on changing conditions. For example, an online store could use it to adjust prices based on customer behavior or the time of day, which could help them make more money. In the public sector, something like a public transit system could use reinforcement learning to change bus or train schedules based on real-time demand, which would make the service more efficient and useful for people.
So overall, machine learning can help both private companies and public organizations make smarter, faster decisions that either boost revenue or improve the experience for the people they serve.
REPLY TO THE POST WITH INSIGHT ABOUT THE POST OR TO ANY ERROR FROM THE POST
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
