Listen "Ep47: Reinforcement Learning Part 4 - Markov Decision Processes in Career, Inventory, and Blackjack"
Episode Synopsis
In this episode, we explore the fascinating world of reinforcement learning, focusing on key methods like Markov Decision Processes (MDP), Value Iteration, and Policy Iteration. Through real-world examples and practical applications, we explain how machines can make optimal decisions in uncertain environments. From robots navigating tricky paths to businesses optimizing supply chains, we simplify these complex topics to make them easily understandable and relevant.We also discuss Monte Carlo methods and dynamic programming, showing how they are applied in fields like robotics, customer retention, and resource management. Whether you’re a tech enthusiast or a business leader, this episode gives you insights into the power of reinforcement learning.Outline: Introduction to Reinforcement Learning Markov Decision Processes (MDP) Value Iteration Policy Iteration Monte Carlo Methods Dynamic Programming (Car Rental Problem) Real-World Applications of Reinforcement Learning Conclusion and Future of Reinforcement LearningReferences for main topic: Reinforcement Leaning: An Introduction Stanford CS234: Reinforcement Learning | Winter 2019 | Lecture 1 - Introduction - Emma Brunskill GitHub - swiffo/Dynamic-Programming-Car-Rental Jack's Car Rental A Reinforcement Learning Example Using Python
More episodes of the podcast Machine Learning Made Simple
Ep72: Can We Trust AI to Regulate AI?
22/04/2025
Ep68: Is GPT-4.5 Already Outdated?
25/03/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.