ML works in real-life. In fact, quite a lot of day-to-day things that we do depend on it.
Where there are data, there are machine learning applications. It has many applications in business intelligence, web search, finance, digital libraries, digital governments, health informatics, utilities, oil and gas, and many more. Some examples are:
- Predicting electricity consumption
- Recommending products to existing and potential customers
- Predicting heart failure
- Predicting oil production and optimization
- Credit risk
- Detecting faces, signatures etc.