Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Machine learning explores algorithms that can learn from and make predictions on data. There are two types of machine learning: unsupervised and supervised learning. Unsupervised learning is when the task is to group a collection of unlabeled patterns into meaningful categories. This type of learning is typically associated with data mining and big data analytics. There are no labels assigned to the algorithm, leaving the machine to discover its own structure. This is useful in identifying hidden patterns and anomalies.

Supervised learning is when a collection of labeled patterns is provided, and the learning process is measured by the quality of labeling a newly encountered problem. With active learning, a computer can only obtain training levels for a limited set of instances but can optimize its choice of labels. It can be presented to the user for labeling.

On average, most AI algorithms are only about 80 percent accurate, which doesn’t live up to the business standards of accuracy. That leaves 20 percent flawed, which needs human input to bridge that gap. There is an inherent design flaw to any AI which does not use some human component in development. It is a general understanding that the most successful AI models use the 80:20 rule, where 80 percent is AI generated, and 20 percent is human input.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Legalweek Leaders in Tech Awards 2021Event

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Get More Information

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.