What are the challenges of using machine learning for real-time predictions?
Machine learning has revolutionized the way data is analyzed and predictions are made. However, when it comes to real-time predictions, the challenges are unique and often complex. Real-time predictions require not only accurate models but also the ability to process data and provide insights instantly. This is critical in fields such as finance, where stock prices fluctuate rapidly, or in healthcare, where patient monitoring can necessitate immediate responses. Understanding these challenges is essential for effectively leveraging machine learning in environments where time is of the essence.