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AI Crash Course

You're reading from   AI Crash Course A fun and hands-on introduction to machine learning, reinforcement learning, deep learning, and artificial intelligence with Python

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Product type Paperback
Published in Nov 2019
Publisher Packt
ISBN-13 9781838645359
Length 360 pages
Edition 1st Edition
Languages
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Author (1):
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Hadelin de Ponteves Hadelin de Ponteves
Author Profile Icon Hadelin de Ponteves
Hadelin de Ponteves
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Toc

Table of Contents (17) Chapters Close

Preface 1. Welcome to the Robot World 2. Discover Your AI Toolkit FREE CHAPTER 3. Python Fundamentals – Learn How to Code in Python 4. AI Foundation Techniques 5. Your First AI Model – Beware the Bandits! 6. AI for Sales and Advertising – Sell like the Wolf of AI Street 7. Welcome to Q-Learning 8. AI for Logistics – Robots in a Warehouse 9. Going Pro with Artificial Brains – Deep Q-Learning 10. AI for Autonomous Vehicles – Build a Self-Driving Car 11. AI for Business – Minimize Costs with Deep Q-Learning 12. Deep Convolutional Q-Learning 13. AI for Games – Become the Master at Snake 14. Recap and Conclusion 15. Other Books You May Enjoy 16. Index

Problem to solve

Imagine an e-commerce business that has millions of customers. These customers are people buying products on the website from time to time, getting those products delivered to their homes. The business is doing well, but the board of executives has decided to follow an action plan to maximize revenue.

This plan consists of offering the customers the option to subscribe to a premium plan, which will give them benefits like reduced prices, special deals, and so on. This premium plan is offered at a yearly price of $200, and the goal of this e-commerce business is, of course, to get the maximum number of customers to subscribe to this premium plan. Let's do some quick math to give us some motivation for building an AI to maximize the revenue of this business.

Let's say that this e-commerce business has 100 million customers. Now consider two strategies to convert the customers to the premium plan: a bad one, with a conversion rate of 1%, and...

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