A genetic algorithm is a search and optimisation technique inspired by evolutionary theory and genetics. In essence, a genetic algorithm is a problem-solving technique that uses genetic operations such as selection, crossover and mutation to generate a population of candidate solutions and evolve them over time to find an optimal solution.
In simpler terms, a genetic algorithm can be thought of as an optimisation technique that mimics biological evolution in which the candidate solutions are the "individuals" competing for survival and reproduction in a given environment. The algorithm uses genetic operations to generate a new generation of candidate solutions, which are evaluated in terms of their adaptation to the environment, and the process is repeated until an acceptable solution is found.
Evolutionary algorithms is a broader term that refers to a set of search and optimisation techniques based on biological evolution. Genetic algorithms are one of the most popular and widely used evolutionary algorithm techniques. However, there are other evolutionary algorithm techniques, such as evolutionary programming, evolutionary strategy and genetic programming, which differ in the genetic operations they use and how they evolve candidate solutions.
The integration of tools for predictive analytics is already commonplace in large companies, but thanks to the evolution and, above all, to the dem [...]
Read More »Churn, or customer churn rate, is a constant challenge for today's businesses. The ability to retain customers is a constant challenge for today's companies.
Read More »The fad coming from the USA that will force the incorporation of AI in the process Surely it is only recently that we have started to hear a new concept in [...]
Read More »The rise of Artificial Intelligence (AI) in business is very topical. Its use is spreading and is changing, even, the models [...]
Read More »