Applications of ML algorithms in businness

@AarushiS wrote:

Hi everyone,

I have recently started exploring Machine learning algorithms and participating in competitions. I was wondering if anyone could tell me where in business are these algorithms used?

For instance, I have worked on Loan Prediction problem from AV datahack and Home credit from Kaggle- do the companies that provide loan actually use a ML model? Similarly do we use time series forecasting methods for stock predictions.

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