The shift from the days where machines used to act as per our instructions to the days where they have almost gained advanced brain is one of the greatest hit in the world so far. The ingenious techy minds have strived to transform the way of life with their wide knowledge on technology. On the whole, this advancement is making life better by easing our daily tasks. Infact, what makes me feel astonished is that we are in times where machines understand us better than what humans do! Considering mobile- our closest friend, the best example for quickest learning machine, it knows everything about us from the time we wake up to where we go, what we talk and to whom! Everything is turning to be so much real-time and automated, with all this we busy humans are swapping our roles to be a machine under boss’s custody and machines are very much behaving like humans.
All this portray that machines are acquiring knowledge at every tick on the clock. They are actually under continuous process of learning. As a layman, how is this wonder happening? Will remain as a mystery, until we introduce ourselves to Machine Learning.
If you already know what ML is? And how it is working? You should probably use it in a productive way to harness the benefit out of it.Let’s make money using ML! But how?
Here are the ways how Machine Learning can make you earn.
1.Set off as an Entrepreneur
You can come up with several ideas to venture into this vibrant space which is growing at a frantic pace.
One of them is to identify an existing problem that is bothering the world or can be something simple troubling you. Resolve this, by establishing a start-up that focuses on the problem under your concentration. Not that simple! It requires a huge amount research before kicking off the company. It is very important to choose good niche market and invest time, efforts and innovative ideas to build position. However, this idea is prone to a lot of risk!
2.Dive into Data Pooling
Data is doubling every two years. Various statistical analyses predict that by 2020 we would have 44 Million Zeta bytes of data (i.e. 44 trillion gigabytes). But it is not the amount of data that is important but how we look at it and use it effectively; also, how organizations use it for their benefit is where the whole point lies.
The buzz words AI, ML and Deep Learning are completely dependent on data. As they only learn by extracting and analysing the previously available data. Getting information and distributing it to the companies or partners in the domain is one way to make money in this fast growing space.
3.Use You Proficiency to Publish a Book
Technology is an ocean. Contributing to the world spread knowledge on this subject will play a vital role to bring changes and derive more technical inventions. Jotting your ideas and perceptions and idea on this and publishing a book will fetch money too.
Pursuing your career as ML professor, online ML tutor, participate in competitions which are focussed in this area and, building habit apps/ products are others prominent ways to earn using ML