Re:DeepMind in “very early stage” talks with National Grid t...
by startupdiscuss on Monday March 20, 2017 @10:11AM
(#13914344)
Yes, and there are two other points to follow up this one:
If one ML solution is better than the other one by only 0.01%, in this context it is worth a lot. It is a winner-take-all type of situation.
Edit: the second point was this: If one ML algorithm gives us a 1% saving and the other one gives us a 0.9% saving, you could say that is a 0.1% improvement or you could say that is a 10% (of 1% saving) solution. A percentage sign without context is not that meaningful.
If one ML solution is better than the other one by only 0.01%, in this context it is worth a lot. It is a winner-take-all type of situation.
Edit: the second point was this: If one ML algorithm gives us a 1% saving and the other one gives us a 0.9% saving, you could say that is a 0.1% improvement or you could say that is a 10% (of 1% saving) solution. A percentage sign without context is not that meaningful.