Artificial Intelligence and Machine Learning (AI & ML) technologies are the foundations of the digital revolution worldwide. Such types of technologies can identify patterns in data and make predictions. Everyday applications of AI & ML are on Amazon and Netflix platforms, where users receive suggestions based on their activity on these sites. Modern machines based on AI are considered smart but still require human assistance. Deep learning technology is critical because it can do the job automatically. According to the latest statistics, the global deep learning industry had a financial worth of around $7 billion in 2020. The forecasts showed a monetary growth of approximately $180 billion by 2030, implying a CAGR of 39.2% for the predicted period.
An In-Depth Insight into Deep Learning Technology
Deep Learning (DL) is a subset of Machine Learning (ML) software where Artificial Neural Networks (ANNs) process a massive influx of data to produce high-quality results. DL algorithms are inspired by the human brain’s neural networks. Likewise, how humans grasp skills and improve from life experience, deep learning algorithms perform a task recurringly to enhance the quality of the outcome.
DL has numerous Artificial Neural Networks (ANNs) that have multiple layers for facilitating development. Deep learning software differs from outdated ML approaches as it can smartly learn representations from data units of images, videos, or text. Moreover, DL does not require hand-written rules or human intelligence. The flexible nature of technology enables it to learn from raw data and enhance its predictive powers. Consequently, DL technologies change the perspective about the problem that human experts try to solve with analytics. It shifts from instructing the computer regarding problem-solving to training the computer to deal with the challenges independently.
Top 3 Deep Learning Algorithms
Deep Learning (DL) algorithms work with raw data and demand massive amounts of processing power for effective problem-solving. Below are the best DL algorithms with their brief descriptions.
Multilayer Perceptrons (MLPs)
It is the most basic type of neural network in deep learning, where raw data enters multiple layers of perceptrons. Each neuron will normally change the data through the help of an activation function, which enables the network to calculate the accuracy of predictions quickly. The working mechanism of MLPs is below:
- MLPs enter the data into the input layer. Various neurons connect that pass signal in one specific direction
- Perceptrons quickly process the raw data with the weights existing between the input and secret layers
- Multi-layer perceptrons utilize activation functions to calculate which network nodes must fire. Examples of activation functions include Rectified Linear Units (ReLUs) and sigmoid functions.
- MLPs train the model to comprehend the correlation between the independent and dependent variables from a given data set
Recurrent Neural Networks (RNNs)
RNNs have various connections that create directed cycles, which enable the results from the Long Short Term Memory Networks (LSTMNs) to be included in the first data processing stage. The outcome from the LSTMNs becomes an input to the second computing phase, memorizing all inputs with internal memory. Applications of RNNs include image captioning, time-series analyses, and Natural Language Processing (NLP), among others.
Convolutional Neural Networks (CNNs)
CNNs have multiple types of layers and are chiefly utilized for image processing and object recognition. Previously, Its application was to recognize ZIP codes and digits. CNNs detect satellite images, process medical data, and predict time series. The complete procedure is below:
- CNN has a convolution layer that consists of numerous filters to execute the convolution operation
- CNNs have a Rectified Linear Unit (ReLU) layer to operate on given elements. It means the results will contain a Rectified Feature Map (RFM)
- The rectified feature map next feeds into a pooling layer. Pooling is a down-sampling function that controls dimensions of the map
- The pooling layer in CNN then transforms the subsequent 2D arrays from the Pooled Feature Map (PFM) into an exclusive and ongoing vector
- A deeply linked layer forms when the flattened matrix from the above layer is submitted as an input, which categorizes and recognizes the photos
The Future of Deep Learning
According to the latest reports, deep learning technology will help to adopt cloud-based technology to reduce operational costs and provide top-notch security to organizations. In the time ahead, more complex types of Artificial Neural Networks (ANNs) will work independently without professional assistance.
Constructing neural networks to deal with problems is extremely hectic because of several specifications for learning optimization. In the future, experts will focus on learning to find good neural networks independently. The field of neuroscience will keep flourishing, and deep learning models will make progress based on its insights.
The Final Verdict
Currently, deep learning technology is naissant, and it has the potential to transform human societies worldwide. DL’s Artificial Neural Networks (ANNs) are becoming more accurate at predicting stock prices and weather conditions. Imagine virtual assistants recommending products based on history and location. In the healthcare sector, deep learning applications will be able to save human life by designing effective treatment plans for rare diseases and various types of cancers. Humans will use self-driving cars which will effectively avoid obstacles, identify traffic lights, and automatically adjust the speed of vehicles. Consequently, integration of deep learning with Graphics Processing Units (GPUs) will help accomplish higher accuracy at a feasible speed limit.